Business
Aurizon (ASX:AZJ) share price dips despite finalising $205 million sale

The Aurizon Holdings Ltd (ASX: AZJ) share price dipped slightly lower today. That’s despite the company finalising a deal to sell its Queensland rail terminal to Pacific National for $205 million.
The deal, which was announced in 2017, was initially blocked by the Australian Competition and Consumer Commission (ACCC), following a lengthy legal battle.
At close of trade, shares in the railway operator were trading for $3.88 – down 0.77%. By contrast, the S&P/ASX 200 Index (ASX: XJO) finished the day 0.49% higher.
Let’s take a closer look at the deal and its history.
Aurizon’s $205 million deal
The Aurizon share price fell today…
-
Business23 hours ago
The ultimate Australian stocks to buy and hold for 10+ years
-
Noosa News23 hours ago
New process turns wheat straw and oat husks into sustainable clothing
-
Noosa News19 hours ago
Southern NSW farmers call for financial relief as ongoing drought takes a toll
-
Noosa News18 hours ago
LNP Premier David Crisafulli announces ‘Queensland’s royal commission’ into CFMEU