| From Bloomberg: Australia’s sovereign wealth fund said it may join two Canadian pension funds in a A$6.8 billion ($6.2 billion) bid for toll-road owner Transurban Group after an initial offer was rejected five weeks ago.
The A$64.3 billion Future Fund is in talks with Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan, the Australian fund said today in a statement. Australia’s biggest toll-road company rejected an A$5.25 offer on Nov. 5, which was 20 percent higher than the previous closing price....................................Full Article: Source
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