Re: AN Sale Short List

Maurie Daly (mauried@commslab.gov.au)
Thu, 8 May 1997 01:32:30 GMT

In article <33715AE9.6444@harnessnet.com.au> Craig Haber <albatross@harnessnet.com.au> writes:
>From: Craig Haber <albatross@harnessnet.com.au>
>Subject: AN Sale Short List
>Date: Wed, 07 May 1997 21:47:37 -0700

>Hi,

>A short list of 12 companies has been produced from the 50 expressions
>of interest in AN.

>According to many media reports, bidders include:
>WCR, TNT, Pasminco, Brambles, Toll Holdings, Winsconsin Central, CGEA
>Transport of France, Great Southern Railway (consortium including
>Macquarie Bank, Great Canadian Rail Tour Co. and Goninan's), National
>Express Group (UK) and Virgin Rail Group (UK). Detailed bids are to be
>submitted in approx 1 month (mid June), with sale to be completed by
>June 30. Expected price range is $50-70 million.

>Regards,
>Craig.

Does anyone have any idea of what is exactly being sold, ie what will the
successfull bidder end up with for their $50 million donation to the Govt.
Is there any publickly available list of ANs assetts.?
I know it doesnt own many new locos ,the ANs & ELs are all leveridge leased
from Japanese banks.
It does own the DLs and all the old GMs,700s etc,but they would not be worth
anything like $50 million.
What about rolling stock, how much of ANs rolling stock does NR now own?

cheers
Maurie Daly