| Three investment consortia - two involving Gulf government-owned funds - plan to lodge indicative bids for Australian state-owned toll road company Queensland Motorways on Friday, sources close to the transaction said.
The bidders for Queensland Motorways include a consortium led by Australia's Hastings Funds Management which also includes sovereign wealth fund the Kuwait Investment Authority, Spanish toll road operator Abertis Infraestructuras and Dutch pension fund APG Algemene Pensioen Groep. Transurban Group, a major toll road operator in New South Wales and Victoria states, will team up with superannuation fund AustralianSuper and state-run Abu Dhabi Investment Authority to make another bid...............................................Full Article: Source
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