Aurizon buying One Rail Australia for $2.35B

AURIZON has taken steps to grow its non-coal business and also move into the South Australian and Northern Territory bulk freight market by buying Macquarie Asset Management’s One Rail Australia for $2.35 billion.

Aurizon buying One Rail Australia for $2.35B Aurizon buying One Rail Australia for $2.35B Aurizon buying One Rail Australia for $2.35B Aurizon buying One Rail Australia for $2.35B Aurizon buying One Rail Australia for $2.35B

Aurizon is growing its non-coal business through the $2.35B acquisition of One Rail Australia.

ORA comprises bulk rail haulage and general freight assets in SA and the NT, the 2200km Tarcoola to Darwin railway and a haulage business in Queensland and New South Wales.