Make MENAFN My Home Page
 
  Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Gulf funds eying USD4.5b deal with Australian road toll company  Join our daily free Newsletter

MENAFN - 06/02/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN) Three investment groups, two of which involves Gulf government-owned funds, plan to bid for Australian state-owned toll road company Queensland Motorways Ltd on Friday, Arabian Business reported



The sale is estimated by analysts to be for around USD4.5 billion, and is expected to push the country's state governments to sell off large infrastructure assets to pay for capital works programs



State governments in #Australia have been reluctant to sell off infrastructure, but recently that changed following the state of New South Wales selling its desalination plant for USD2.3 billion



A partner at law firm Corrs Chambers Wesgarth said: ""the proceeds of divestment will be plowed back into new infrastructure, which then, once it is operating, those assets will be divested.

 
 


MENAFN




Loading, Please wait....


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help