Toll and NZ Govt in Tranz Rail talks

<p>Toll Holdings has met senior New Zealand Government officials to discuss arrangements over its possible future ownership of Tranz Rail, according to reports in the New Zealand media.</p> <p>The meeting could signal a thaw in the two parties’ dealings after the two appeared to be at cross-purposes over Tranz Rail.</p> <p>Toll has made a NZ95 cent a share offer for the company but has said it is comfortable with the New Zealand Government’s intention to reclaim ownership of the track network.</p> <br />