Fri, Aug 29, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Australian fund walks from talks on Transurban bid

Posted on 24 March 2010

From Reuters: The Future Fund, Australia’s sovereign wealth fund has ended talks to back a $4.5 billion plan by two Canadian pension funds to buy out toll road operator Transurban, sending its shares down 6 percent.
Transurban has been courted for months by the Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan, which owns about 28 percent of the group, but the sides have been in a stand-off since Transurban rejected their A$5.25 a share offer in November……………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14644 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031