Cross City Motorway Ltd., the operator of Sydney's Cross City Tunnel, was placed into receivership Dec. 27, due to debt of around A$560 million to a syndicate of 16 domestic and international ...

Dutch investment bank ABN AmroHolding NV continued to snap up Australian infrastructure assets June 20, agreeing to pay around A$700 million for Sydney's controversial Cross City Tunnel. The ...

De Blasio thinks a cross-harbor freight rail tunnel “could be one of the single highest-impact things we could do for the future of this city, both in terms of enhancing our port facilities but ...

The NSW government has terminated negotiations with the operator of the Cross City Tunnel and announced the reversal of 13 surface road changes. Premier Morris Iemma said the government had halted ...

A: Cross City Tunnel entrance introduced from the northbound Eastern Distributor near Wisdom lane B: One merging lane removed from the Darlinghurst Road onramp to William Street at Darlinghurst Road ...

THE beleaguered Cross City Tunnel has already gone bust once and it could be put into the hands of corporate paramedics again if its owners fail in a court case against the state government.

The Cross City Tunnel has had a troubled financial run since its opening in 2005. It was placed into receivership in 2007, before being bought for about $700 million by Royal Bank of Scotland, ...

ALL lanes in Sydney's Cross City Tunnel have been re-opened after repairs to a burst pipe were completed ahead of schedule. Deals of the Week. In the know quiz. Sign Up. Log In. My account.

Yesterday Transurban announced an agreement to purchase all of the Royal Bank of Scotland’s senior secured debt linked to Sydney’s Cross City Tunnel for $475m, subject to regulatory approval. Costing ...

Sydney motorists will be able to use the Cross City Tunnel free for a further 2 1/2 weeks, after the private company that operates the road under the city's CBD extended its toll-free offer.

Local residents are claiming victory after the reversal of one of Sydney's most controversial road closures associated with the Cross City Tunnel. In the first of a number of road reopenings near ...