Friday SWFI News Roundup, June 5, 2015

Investor Group Bids for BrisConnections

Melbourne-based toll-road operator Transurban Group, AustralianSuper and the Abu Dhabi Investment Authority (ADIA) are looking at BrisConnections toll road group. The investor group is reportedly bidding A$ 1.3 billion for BrisConnections, which operates Brisbane’s toll road AirportlinkM7. Macquarie Capital and Fort Street will be hosting roadshows for BrisConnections. Potential competitive bidders for this asset include: QIC, IFM Investors, Hastings Funds Management and AMP Capital.

KIA Bids for Angel Trains

The Kuwait Investment Authority (KIA), through its unit Wren House Infrastructure Management, is bidding for U.K. train leasing company Angel Trains. Angel Trains is one of three U.K. train lessors – others are Porterbrook Leasing and Eversholt Rail. London-based Arcus Infrastructure Partners is the majority owner of Angel Trains . Other potential bidders are Abu Dhabi Investment Authority (ADIA) and AMP Capital (already a 25% owner in Angel Trains).

Reserve Bank of New Zealand Looks to Sell NZClear Security Settlement and Depository Business

The Reserve Bank of New Zealand put out a notice for interest parties in its NZClear security settlement and depository business. The central bank has owned and operated NZClear for 25 years.

“The NZClear system, the technology behind a key piece of New Zealand’s financial infrastructure, requires significant investment or replacement. A strategic review in 2014 of the Reserve Bank’s payment and settlement systems concluded that securities settlement is not the Bank’s core business. The Reserve Bank is keen to see if another specialist operator can provide securities settlement and depository services that meet both the Bank’s requirements and those that the market has become accustomed to,” said Reserve Bank Deputy Governor and Head of Operations Geoff Bascand in a news release.

Bpifrance Intrigued by Glass Bottle Maker Verallia

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