Australia moves into rail

Article Abstract:

Australian railroads are moving into the private sector through privatization and private finance. The trams of Melbourne and the freight and passenger operations of Victoria's Public Transport Commission are the latest railroads that have sold on the continent. A national rail freight network is under construction because the rail infrastructure in the country is not adequate.

Acquisitions & mergers, Railroad management

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Railtrack priced to go

Article Abstract:

More than 650,000 investors took up the share offer in Railtrack of the UK, a rail infrastructure company. The retail offer was three times subscribed even though the government increased the tranche available. It is believed that 60% of subscribers to the institutional offer were UK institutions.

Network Rail Infrastructure Ltd.

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Privatization in Australia

Article Abstract:

A banking executive reviews the Australian government's privatization strategy in a number of key sectors, such as electric and water utilities.

Asset sales & divestitures, Water Supply and Irrigation Systems, Electric Power Generating, Electric Power Generation, Natural Gas, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Electric services, Water supply, Water Utilities, Electric utilities, Gas industry

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