A$347 million $273.4 million was raised from an accelerated block trade in Aurizon Holdings late on Wednesday after an undisclosed shareholder sold its entire stake in the Australian rail freight operator.
The shareholder offloaded 71 million secondary shares -- or 3.3% of Aurizon's enlarged share capital -- at A$4.90 per unit, representing a 1.8% discount to Tuesday's closing price, according to a term sheet seen by FinanceAsia.
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