Three infrastructure funds plan to bid for the Port of Melbourne, according to an anonymous source who Reuters said has knowledge of the bidding process.
The sale is estimated to be set to raise A$5bn (US$4.3bn) for the State of Victoria.
The likely bidders are: pension fund IFM Investors; QIC Ltd and a consortium comprising Hastings Funds Management and Wren House Infrastructure Management.
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.