The competition watchdog has allayed its concerns about rail operator Aurizon being able to successfully divest a coal-haulage business from a $2.35 billion acquisition.
The Australian Competition and Consumer Commission on Thursday announced it would not oppose Aurizon’s buyout of One Rail, which was owned by Macquarie funds and Dutch pension fund PGGM Infrastructure.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
