Announced
Completed
Financials
Tags
Australia
Transportation Services
Majority
Private
Domestic
Joint Venture
Friendly
transportation
Private Equity
Acquisition
Completed
Single Bidder
Synopsis
Aware Super, Australian Retirement Trust, two superannuation funds, Macquarie, a financial services group, and the Victorian Government formed a $5.4bn joint venture. “We’re pleased to be entering into this joint venture with the Victorian Government alongside Australian Retirement Trust and Macquarie Asset Management, a Consortium comprising three experienced, long-term registries investors. As the fund of choice for nearly four hundred thousand Victorians we are excited by the potential enhancements we can bring to drivers right across the state. Victorians rely on the services provided by VicRoads every day, so we understand the importance of its role as a direct point of contact between the Government and the community,” Damien Webb, Aware Super Deputy CIO and Head of Real Assets.
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