Tranz Rail battle rages on

SINCE we reported last month (RG 6.03 p343) that Toll Holdings had bought a 6·1% stake in New Zealand’s Tranz Rail, the bidding battle has been fought fast and furiously. On May 23 RailAmerica withdrew its bid for Tranz Rail following due diligence investigations, at which point Toll decided to ...

Please sign in or register for free to view this page

 

Sub Advert

You have reached your limit of news stories for this week. Register for FREE to read this article and get:

  • Unlimited access to online news coverage from:
  • Railway Gazette International covering the global railway industry
  • Metro Report International covering the urban transport sector
  • Rail Business UK industry news for the British railway market
  • Weekly e-mail newsletters covering the sector(s) of your choice
  • Exclusive offers for Railway Gazette Events.

If you are already a registered user or a subscriber you can SIGN IN now