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Port of geelong palisade

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 https://be-everyday.com

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

Spirit Super and Palisade buy GeelongPort for A$1.2bn

Category:Port of Geelong acquisition raises preliminary …

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Port of geelong palisade

Port of Geelong acquisition raises preliminary competition …

WebACCC flags competition concerns over GeelongPort deal Infrastructure Investor The watchdog is worried Palisade’s 100 percent stake in the Port of Portland could … WebApr 26, 2024 · VFF joins competition watchdog in expressing concerns about the sale of Geelong port. By Andrew Miller April 26 2024 - 6:00pm ACQUISITION CONCERNS: The Victorian Farmers Federation has raised concerns about the potential acquisition of the Port of Geelong by a consortium that has an interest in the port of Portland.

Port of geelong palisade

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WebJul 29, 2024 · Palisade Investment Partners is set to join AMP Capital in a quest to buy at least half of the Geelong Port, which is up for sale through Barrenjoey Capital Partners …

WebSep 1, 2024 · The ACCC released a Statement of Issues on 31 March that identified concerns associated with the role of Palisade Investment Partners, which would have acquired 49% of Port of Geelong and which ... 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 …

http://ports.com/australia/port-of-geelong/ WebJan 4, 2024 · The deal nets Sydney-based Palisade another stake in a Victorian port, after snapping up the remaining 40 per cent shareholding in the Port of Portland in the state’s west. That 2024 deal saw ...

WebMar 31, 2024 · The Port of Geelong is Victoria’s second largest port, and is currently owned 50pc each by a consortium comprised of Linx Cargo Care Pty Ltd and Infrastructure Investment Corporation (managed by Brookfield), and SAS Trustee Corporation. The Port of Portland is a diversified bulk commodity, deep water port in south-west Victoria.

WebJan 4, 2024 · Spirit Super and Palisade Investment Partners announced that they had bought Victoria’s second largest port from Brookfield Asset Management and State Super. All parties involved declined to confirm the value of the transaction, but a source close to the matter said it was approximately A$1.2bn. new irmaa surcharges 2020WebApr 6, 2024 · Spirit Super and Palisade Consortium have launched a joint $1.2 billion bid to buy the port, with Spirit Super to hold a 51 per cent stake and Palisade 49pc. new irish tv seriesWebAug 29, 2024 · The Port of Geelong is a freehold diversified bulk commodity port in Victoria. The Port of Geelong is Victoria’s second largest port, located approximately 75km south-west of Melbourne. It handles approximately 40 per cent of Victoria’s bulk cargo and is Victoria’s largest bulk commodity port. new irish writing submissionsWebJan 5, 2024 · “The Spirit Super and Palisade consortium is considered a responsible and capable custodian of the asset, with a longterm investment horizon, ports management expertise, and local knowledge to support its ownership of the Port of Geelong and contribute to the broader economic development of the Geelong region,” State Super and ... new irmer regulationsWebJul 29, 2024 · Palisade Investment Partners is set to join AMP Capital in a quest to buy at least half of the Geelong Port, which is up for sale through Barrenjoey Capital Partners and Macquarie Capital. new irish singers maleWebSep 12, 2024 · 3:39PM September 12, 2024 Comments Palisade Investment Partners and Stonepeak Infrastructure Partners are understood to have hired advisory firm Gresham as part of their efforts to buy the $1.2bn Port … new iris implantWebSep 14, 2024 · September 14, 2024. Palisade Investment Partners and Stonepeak Infrastructure Partners are understood to have hired advisory firm Gresham as part of their efforts to buy the $1.2bn Port of Geelong. The Sydney-based advisory firm has plenty of experience working on port assets, having advised the consortium consisting of the … new iris shorts ralph lauren