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New Zealand confirms rail buy-back
By Railway Gazette International2008-05-06T13:41:00
NEW ZEALAND: The government is to buy Toll New Zealand's rail and ferry business, Prime Minister Helen Clark and Finance Minister Michael Cullen confirmed on May 5. The price had been a sticking point in negotiations (RG 4.08 p22), but has been agreed at NZ$665m to be settled by June ...
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