WebNov 29, 2024 · GeelongPort is Victoria’s second largest port and handles close to 12 million tonnes of cargo and more than 600 vessel visits each year. GeelongPort sale The sale of GeelongPort on November 20 to investment firm, Stonepeak, and industry super fund, Spirit Super, could also provide added certainty for Midway’s grain-terminal proposal. WebAug 29, 2024 · Palisade, Spirit Super drop A$1.2bn Port of Geelong deal The consortium has walked away from the acquisition of the major port as a result of the Australian Competition and Consumer Commission’s competition concerns regarding the deal. Tharshini Ashokan - 29 August 2024
Deal off: Palisade, super funds walk from $1.2b Port of Geelong deal
WebOct 26, 2024 · On 26 August 2024, the Super Spirit and Palisade Investment Consortium withdrew its request for merger clearance for its acquisition of the Port of Geelong after the ACCC expressed concerns with the deal due to the consortium's common ownership and management of interests in the competing ports of Port of Geelong and Port of Portland. WebAug 26, 2024 · Summary. A consortium of investors comprised of Spirit Superannuation, Commonwealth Superannuation Corporation ( CSC) and the Diversified Infrastructure … newiris prod
Spirit Super and Palisade Investment Partners …
WebJan 4, 2024 · GeelongPort has been sold to Spirit Super and Palisade Investment Partners in a deal touted to be worth $1.2bn. The sale sees Spirit Super gain 51 per cent in GeelongPort, the operator of the port in the Victorian waterfront city of Geelong. WebJan 4, 2024 · Palisade Investment Partners has made its second major infrastructure purchase in two months – teaming with Spirit Super to acquire GeelongPort, which … WebAug 26, 2024 · Aug 26, 2024 – 2.35pm. It’s back to the drawing board for Port of Geelong owners Brookfield and State Super, after their $1.2 billion deal to sell the port collapsed. new irish writing irish independent