|Bid||15.03 x 888000|
|Ask||13.49 x 953500|
|Day's Range||14.04 - 14.22|
|52 Week Range||12.36 - 15.64|
|Beta (5Y Monthly)||0.45|
|PE Ratio (TTM)||11.75|
|Earnings Date||Aug 08, 2021|
|Forward Dividend & Yield||0.43 (3.03%)|
|Ex-Dividend Date||Jun 29, 2021|
|1y Target Est||N/A|
(Bloomberg) -- Australian toll-road operator Transurban Group and three partners will pay A$11.1 billion ($8.1 billion) to acquire the remaining half stake they don’t already own in a network of Sydney cross-city routes.The company’s Sydney Transport Partners consortium has prevailed in an auction run by the New South Wales state government to privatize its 49% ownership of tolled tunnel network Westconnex, the government said in a statement Monday. Transurban will raise A$3.97 billion in a shar
A consortium led by Australia's Transurban Group will pay A$11.1 billion ($8.06 billion) for a near half stake of the country's longest auto tunnel network, giving it full ownership of the asset and dominance of Sydney's toll road network. Transurban already owned 51% of WestConnex, a roughly 70 kilometre (44 mile) system of toll roads linking Sydney's sprawling metro area, along with Canada Pension Plan Investment Board, Abu Dhabi Investment Authority and domestic pension fund AustralianSuper.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Transurban Group...