02.04.2014 - GIC joins IFM, Borealis for Qld Motorways bid
Singapore’s sovereign wealth fund GIC has joined IFM and Borealis to form a new consortium that will bid next month for Queensland Motorways, a 62-kilometre network of tolled roads, bridges and infrastructure around Brisbane that may be worth about $4 billion. Melbourne-based IFM and Austria’s Borealis were looking for a third party to join their consortium following the departure of Canada’s Ontario Teachers’ Pension Plan. The group is being advised by Rothschild...................................Full Article: Source
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