split

Macquarie Infrastructure Group will split into a risky group and a less risky group and they will be separately listed on the Australian Stock Exchange.

The Pennsylvania Turnpike Commission is withdrawing from the International Bridge Tunnel and Turnpike Association (IBTTA) on the grounds it has been leaning too much toward private and international toll operators. Turnpike chief executive Joseph Brimmeier tells us he and other US public toll authorities will be forming a new American Association of Public Toll Roads.