Sovereign Funds Among Bidders for Port of Brisbane, Financial Review Says

Global Infrastructure Partners, Morgan Stanley Infrastructure Partners and HRL Morrison and Infratil are leading three groups that are among the first-round bidders for Australia’s Port of Brisbane, the Australian Financial Review reported in its Street Talk column. Sovereign wealth funds from Singapore and Malaysia are also bidding for the A$2.5 billion asset, according to the report. All five offers are believed to be fully funded, the newspaper said.

To contact the reporter on this story: Nichola Saminather in Sydney at nsaminather1@bloomberg.net

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