Aurizon share price slips as dividend is cut by 24%
The Aurizon Holdings Ltd (ASX: AZJ) share price is falling today on the back of the company's FY22 results.
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The Aurizon Holdings Ltd (ASX: AZJ) share price is falling today on the back of the company's FY22 results.
Australian freight rail transport firm Aurizon has concluded its A$2.35bn ($1.75bn) deal to purchase One Rail Australia (ORA).
Chief executive Andrew Harding has closed his biggest and most significant acquisition since joining the rail group more than five years ago.
The Australian Competition and Consumer Commission will not oppose the acquisition of freight operator One Rail Australia by Aurizon.
Aurizon has secured the nod of the ACCC for its purchase of One Rail Australia, subject to the sale of the latter’s east coast business.