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Australia's Babcock and Brown considers terminal sell-off

2008-11-20 00:00:00




The owner of Australia's biggest coal terminal has confirmed it is considering selling part of the asset.

Babcock and Brown Infrastructure operates the Dalrymple Bay terminal, south of Mackay.

A spokeswoman for the company says they have had a number of recent offers to buy up to a 49 per cent stake in the terminal.

She says it will be at least three months before a decision is made.


Source: http://www.abc.net.au