| Chris Corrigan’s Qube Holdings has sought assurances from its partner Global Infrastructure Partners that Chinese sovereign wealth fund China Investment Corporation will play only a passive role in their joint bid for Asciano in the wake of the backlash against a Chinese company’s lease of the Port of Darwin.
As it emerged yesterday that CIC held a small stake in Asciano as part of its global infrastructure portfolio, well below the 5 per cent threshold requiring a substantial shareholding notice, it is understood Qube has taken active steps to ensure the involvement of CIC will not further stoke concerns about Chinese investment in key Australian infrastructure assets...............................................Full Article: Source
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