Faced with persistent losses, Serco Group is selling Australia's Great Southern Rail business to private equity firm Allegro Funds. The business includes the Indian Pacific, The Ghan and The Overland. Allegro Funds will position GSR as a luxury travel option marketed internationally.
Faced with persistent losses, Serco Group is selling Australia's Great Southern Rail business to private equity firm Allegro Funds. The business includes the Indian Pacific, The Ghan and The Overland. Allegro Funds will position GSR as a luxury travel option marketed internationally.
