Transurban-led consortium to pay $8.1b to take full control of Sydney tunnel network

Transurban-led consortium to pay $8.1b to take full control of Sydney tunnel network

Photo: Denys Nevozhai / Unsplash.com

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.