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Re: [WA] Rail sale brings $585m
- Subject: Re: [WA] Rail sale brings $585m
- From: mauried@tpg.com.au (Maurie Daly)
- Date: Tue, 31 Oct 2000 02:07:39 GMT
- Newsgroups: aus.rail
- Organization: Customer of Telstra Big Pond Direct
- References: <kGoL5.41$F65.4859@news0.optus.net.au>
- Xref: news1.unite.net.au aus.rail:22125
On Tue, 31 Oct 2000 00:49:20 GMT, dbromage@fang.omni.com.au (David
Bromage) wrote:
>The WA Government ticked off another privatisation yesterday with the sale
>of Westrail's freight business for $585 million. The Australian Railroad
>Group, a joint venture between Wesfarmers and Genesee & Wyoming Inc, had
>made a commitment to spend up to $400 million over the next five years on
>track upgrades and new rolling stock.
>
>http://www.thewest.com.au/20001031/news/state/tw-news-state-home-sto9632.html
A pretty good price .
How long before we see Q classes on ASRs Perth - Melb freights?
MD