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Transurban Group (TRAUF)

Other OTC - Other OTC Delayed Price. Currency in USD
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10.350.00 (0.00%)
At close: 12:22PM EDT
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  • Bloomberg

    Transurban Takes Control of Sydney Tolls For $8.1 Billion

    (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

  • Reuters

    UPDATE 2-Transurban consortium to pay $8.1 bln for full control of Sydney tunnel network

    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.

  • Simply Wall St.

    A Look At The Intrinsic Value Of Transurban Group (ASX:TCL)

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Transurban Group...