Complex sentence: On 21 April 2008 the Tarabot consortium of seven Saudi companies and Asciano of Australia was named as preferred bidder for the 50-year build, own, operate and transfer concession for the Landbridge project, with financial close planned within 12 months.
Split into simpler sentences: On 21 April 2008 the Tarabot consortium of seven Saudi companies and Asciano of Australia was named as preferred bidder for the 50-year build. Own, operate and transfer concession for the Landbridge project, with financial close planned within 12 months.