Institutional Investor Group Pays $7.05 Billion for Queensland Motorways

Posted on 04/23/2014

After an extensive bidding process, a group of investors that include, Melbourne-based Transurban Group, AustralianSuper Pty, and Tawreed Investments, won the bidding war and became the new owners of Queensland Motorways. The investor group agreed to pay A$ 7.05 billion (US$ 6.6 billion) for a 70 km network of toll roads and bridges from the […]

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