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Toll Holdings

Government Accounts Take Hit On Kiwirail Buy

Wellington, Feb 20 NZPA - There is an admission of an accounting kind in the Government's latest accounts that the Government paid too much for rail. A note reveals that the rail business the Government paid $690 million for on July 1 last year valued up at $442m in September.

Government Faces Challenges With Ferry Business

Government Faces Challenges With Ferry Business
by Pam Graham of NZPA Wellington, Feb 11 NZPA - The Government faces some big investment decisions in the Interislander ferry business it now owns at a time when ferry passenger numbers are tumbling.

Linfox Founder Reflects On Past And Present On Visit To NZ

Linfox Founder Reflects On Past And Present On Visit To NZ
By Pam Graham of NZPA Wellington, Feb 9 NZPA - Melbourne-based logistics billionaire Lindsay Fox is keeping in touch with arrangements to help fire victims at home while in Wellington for an Apec Business Advisory Council meeting in Wellington from today.

New CEO For Kiwirail

New CEO For Kiwirail
By Pam Graham of NZPA Wellington, Jan 14 NZPA - KiwiRail's new chief executive Jim Quinn admits he is no engineer, but he has a background in logistics and he has worked with KiwiRail chairman Jim Bolger.

Botherway And Glass Leave Brook Asset Management

Botherway And Glass Leave Brook Asset Management
Wellington, Nov 14 NZPA - Simon Botherway and Paul Glass, two of the biggest names in the New Zealand funds management industry, are leaving the firm they founded. Mr Botherway, 44, and Mr Glass, 42, will leave Brook Asset Management on December 19.

Companies Licensed To Spin

By Pam Graham of NZPA Wellington, Sept 1 NZPA - It should worry investors that companies have a licence to spin under current NZX disclosure arrangements.

Rail Is Good, Says Mainfreight

Wellington, July 31 NZPA - The decision by the Labour-led government to purchase back the rail network was the right one, Mainfreight managing director Don Braid said today.

Rail Network Needs $400m Over 5 Years To Bring It Up To Speed

Wellington, June 20 NZPA - State-owned rail track company Ontrack said it will need another $400 million over five years to bring the tracks up to speed.

Toll Directors Lose Out In `Con Job Of The Century'

By Pam Graham of NZPA Wellington, June 15 NZPA - The Toll Holdings directors who bought shares in their company ahead of the announcement of the sale of rail assets to the New Zealand government have now lost money on the purchase.

Toll Carriage Of Coal Supply For Clandeboye May Spur New Line

Wellington, May 15 NZPA - Toll Rail, which Australian owner Toll Holdings has agreed to sell to the Government for $665 million, said today it had signed a major contact with dairy giant Fonterra.

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