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Oct 19 (Reuters) - Australian coal miner New Hope (NHC) said on Wednesday it was not part of a consortium of private equity firms Oaktree Capital Management and Brookfield BAMa.TO which a report said was bidding for Aurizon's (AZJ) East Coast Rail business.
Last year, freight operator Aurizon bought One Rail Australia, which included East Coast Rail, for A$2.35 billion ($1.49 billion) from Macquarie's (MQG) asset management arm and Dutch pension fund manager PGGM, in a push to diversify from coal and add bulk capacity.
Oaktree and Brookfield did not immediately respond to Reuters' requests for comment on a potential bid. ($1 = 1.5820 Australian dollars)
News: AZJ UPDATE 1-Australia's New Hope not in consortium bidding for Aurizon unit
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Last
$3.50 |
Change
-0.020(0.57%) |
Mkt cap ! $6.442B | |||
| Open | High | Low | Value | Volume |
| $3.52 | $3.53 | $3.49 | $26.94M | 7.687M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21841 | $3.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.52 | 85149 | 10 |
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