Monday 1 December 2008

Region. Macquarie sells M7 share for $805m

Macquarie Infrastructure Group has agreed to sell its 50 per cent stake in the Westlink M7 to the Western Sydney Road Group (WSRG), for $805 million. Transurban has 30 days in which to decide to exercise its pre-emptive right on Westlink to match WSRG deal. The 40-kilometre cashless toll road opened three years ago.

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