Australian Infrastructure Fund investors are likely to back a $2 billion bid by the Federal Government’s Future Fund, which will see a change of ownership for the Gold Coast Airport.
AIX, which owns the airport and several other major infrastructure assets in Australia and overseas, has entered into a binding conditional agreement to sell its holding to the Future Fund. Security holders will have a final say on the proposal on Tuesday when the extraordinary general meeting is staged in Melbourne and analysts said they expected investors to get behind it………………………………………..Full Article: Source