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New Deal


Announced

Completed

Aware Super, Australian Retirement Trust, Macquarie and the Victorian Government formed a $5.4bn joint venture.

Financials

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Transaction Value£4,483m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Australia

Transportation Services

Majority

Private

Domestic

Joint Venture

Friendly

transportation

Private Equity

Acquisition

Completed

Single Bidder

Synopsis

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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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