July 6 (Reuters) – The Queensland state government said on Tuesday there were no changes in its IPO plans for QR National coal transport business despite the postponement of Bilginger Berger’s (GBFG.DE) Australian unit IPO.
The IPO of QR National estimated at A$7 billion($5.88 billion) is the largest scheduled for Australia this year.
“It doesn’t have any direct bearing on our plans to float QR National,” Queensland Treasurer Andrew Fraser said in a statement. (Reporting by Michael Smith; Editing by Narayanan Somasundaram)
