Toll NZ

Toll NZ {{nyse|TOLL}} is an Auckland, New Zealand-based transport company formed after the part-privatisation of the New Zealand Railways.

Related Topics:
Auckland, New Zealand - Transport - Privatisation - New Zealand Railways

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New Zealand Rail Ltd was formed on 10 October 1990 by separation from the New Zealand Railways Corporation (detailed in the New Zealand Railways Corporation Restructuring Act 1990), which continues to this day as a State-Owned Enterprise, trading as ONTRACK.

Related Topics:
10 October - 1990 - New Zealand Railways Corporation

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New Zealand Rail Ltd was renamed Tranz Rail Ltd in 1995, and Toll NZ Consolidated Ltd in May 2004. In 1996, the company listed on the New Zealand Stock Exchange and also on NASDAQ in the United States. In July 2002 it delisted from NASDAQ.

Related Topics:
1995 - 2004 - 1996 - New Zealand Stock Exchange - NASDAQ - United States - 2002

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Australian company Toll Holdings is now majority shareholder (85%) of Tranz Rail, after a successful takeover bid between July and October 2003.

Related Topics:
Toll Holdings - 2003

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