27.11.2012 - Future Fund seals stake in Melbourne Airport
The Future Fund has wrapped up a $2 billion deal for a range of concrete assets, including a stake in Melbourne airport. The sovereign wealth fund, which was set up in 2006 to fund the retirement benefits of thousands of public servants, has announced a deal to buy Australian Infrastructure Fund's entire asset portfolio. The assets include a 12.4 per cent holding in Melbourne airport, increasing the Future Fund's stake in the Tullamarine assets to more than 29 per cent...............................................Full Article: Source
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