seagull Oct 28 '10, 13:53
Australia state govt gets two Port of Brisbane bids
Two consortiums have filed final bids in the $2 billion-plus sale of the Queensland state government's Port of Brisbane and a buyer is expected be selected next week, people familiar with the transaction said on Thursday.
One of the bids was from a consortium of U.S.-based investment fund Global Infrastructure Partners, state government arm Queensland Investment Corp and Macquarie Capital , three sources with direct knowledge of the matter said.
The other consortium was a group including Morgan Stanley Infrastructure Partners (MS.N) and Australian pension fund UniSuper, said the sources who declined to be identified because they were not authorised to speak to the media.
The bidders have been told to expect a decision from the government next week, the sources said.
Final bids for the port, which is being sold as part of a A$15 billion sale of infrastructure assets by the Queensland state government, were due by Oct. 25.
A Queensland Treasury spokesman said: "The government is working through a process in relation to applications received."
He declined to comment further.
Source:
uk.reuters.com
Australia
