Business
ASX down 0.5%; Tabcorp up 4.2% on improved offer – The Sydney Morning Herald
The S&P/ASX200 declined 0.3% at the open with materials and energy higher, but all other sectors lagging.
Atlas Arteria shares are down 3.3 per cent to $5.92 after the global toll-road owner failed to get the price rise it wanted for the Dulles Greenway.
The Greenway is a 22.5 kilometre toll road linking Washington DCs Dulles International Airport with the suburban community of Leesburg, Virginia.
Atlas Arteria, formerly part of Macquarie Group, wanted a price rise from $US5.80 ($7.50) per car during peak hours up to $US6.15 ($7.93) this year and $US6.55 ($8.45) next year. These price rises were denied…
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