Aurizon Holdings to sell its East Coast Rail operations for about $285 mln
15/12/2022 21:36
Dec 16 (Reuters) - Aurizon Holdings AZJ.AX , Australia's largest rail freight operator, said on Friday it will sell its East Coast Rail business to Magnetic Rail Group for A$425 million ($284.71 million) in cash. ($1 = 1.4928 Australian dollars) (Reporting by Navya Mittal in Bengaluru; Editing by Shinjini Ganguli) ((Navya.Mittal@thomsonreuters.com;))
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