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BRIEF-Aurizon Holdings Notes ACCC Statement About Sale Of Queensland Intermodal Business

Published 15/03/2018, 03:20 pm
© Reuters.  BRIEF-Aurizon Holdings Notes ACCC Statement About Sale Of Queensland Intermodal Business
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March 15 (Reuters) - Aurizon Holdings Ltd AZJ.AX :

* NOTES STATEMENT OF ISSUES RELEASED BY AUSTRALIAN COMPETITION AND CONSUMER COMMISSION (ACCC)

* REMAINS COMMITTED TO CLEARANCE OF BOTH TRANSACTIONS WITH TARGET FOR COMPLETION BY JULY 2018

* AS PREVIOUSLY ADVISED, IF ACCC DOES NOT CLEAR QUEENSLAND INTERMODAL TRANSACTION AURIZON WILL CLOSE THAT BUSINESS​

* ‍ANY POSSIBLE CLOSURE OF QUEENSLAND INTERMODAL WILL RESULT IN LOSS OF UP TO 350 JOBS THROUGHOUT BRISBANE & REGIONAL QUEENSLAND​

* STATEMENT ABOUT SALE OF AURIZON'S QUEENSLAND INTERMODAL BUSINESS TO A CONSORTIUM OF LINFOX AND PACIFIC NATIONAL

* STATEMENT ALSO ABOUT THE SEPARATE SALE OF ITS ACACIA RIDGE TERMINAL TO PACIFIC NATIONAL

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