Australia’s largest rail freight operator has invited bidders to inspect its 2670km Queensland coal network as it seeks up to $4bn from selling a major stake.
Aurizon has entered into a three-year agreement with SCT Logistics to increase the frequency of its containerised freight services between Brisbane, Sydney, and Melbourne.
Ares Management, the high-profile alternative assets investor overseeing almost $900 billion, is among suitors appraising Aurizon’s $8 billion Queensland railway track network.
2 thoughts on “$4bn sell-off: Aurizon mulls sale of Qld railway network”
2 thoughts on “$4bn sell-off: Aurizon mulls sale of Qld railway network”