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News: KSC K&S Corp Updates On Aurizon's Exit From Intermodal Rail Business

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    13/11/18
    09:25
    Post #: 36480181

    Nov 13 (Reuters) - K&S Corporation Ltd (KSC) :

    • HAS SETTLED WITH AURIZON CLAIMS ARISING OUT OF AURIZON'S EXIT FROM ITS INTERMODAL RAIL BUSINESS IN DECEMBER
    • UNDER TERMS OF SETTLEMENT, AURIZON HAS AGREED TO PAY $25.0 MILLION TO K&S CORP WITHOUT ADMISSION OF LIABILITY
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