27.06.2016 - The Future Fund emerges in Port of Melbourne bid
The Future Fund, Australia's $117 billion sovereign wealth fund, is believed to be seeking to buy a 20 per cent stake in the Australia's largest shipping container terminal, the Port of Melbourne. Street Talk understands The Future Fund is preparing to bankroll an offer from Australian infrastructure fund manager QIC, which is headed to Port of Melbourne's auction alongside two offshore investors. While it is only early days, a 20 per cent stake is expected to be worth about $600 million, which would make it one of The Future Fund's largest infrastructure investments...............................................Full Article: Source
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