The Australian Competition and Consumer Commission has approved the proposed acquisition by a Transurban-led consortium of a majority interest in Sydney’s WestConnex motorway after an investigation over competition concerns about the deal.
Toll road operator Transurban has taken steps to address competition concerns by the regulator, the ACCC, over the proposed acquisition of the majority interest in the WestConnex motorway by the Sydney Transport Partners consortium it leads.
WestConnex new M4 contractor CPB Samsung John Holland JV has awarded Prysmian Australia a contract to deliver 1100 km of MV, LV, control, communications and fibre optic cables for the New South Wales road tunnel project.
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