Asciano considers sale

News Story
- 24 Jul 2014 ( #677 ) - Sydney, New South Wales, Australia
<1 min read
Asciano is discussing the potential sale of a non-controlling interest in its terminals and logistics business division.
Asciano is discussing the potential sale of a non-controlling interest in its terminals and logistics business division.
Ports operator Asciano has confirmed it is discussing the potential sale of a non-controlling interest in its terminals and logistics business division with third parties.

However, the company says the discussions are preliminary and incomplete and no agreement has yet been reached.

The statement follows reports in the Wall Street Journal that the company has been discussing the sale of a large interest in four Australian ports to China Merchants Group Ltd.
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Since July 2000, Forkliftaction News has been your guide to the developments that are shaping your industry.

Starting today we are also looking back on some of the key news stories from our extensive news archive.

In the news email and on the website, you'll see links to stories that were 'leading our news' multiple years ago, with topics spanning world-first products, big acquisitions, and major industry shifts.
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