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Port of geelong palisade

WebJan 4, 2024 · The consortium is comprised of long-term Australian investors, with Spirit Super holding a 51% interest and Palisade Investment Partners holding a 49% interest. … WebMelbourne, 4 January 2024: State Super (SAS Trustee Corporation) and Brookfield have today announced an Australian consortium comprised of Spirit Super and Palisade …

Spirit Super and Palisade Investment Partners Acquire …

WebAug 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. WebACCC flags competition concerns over GeelongPort deal Infrastructure Investor The watchdog is worried Palisade’s 100 percent stake in the Port of Portland could … blacksmith house https://ctmesq.com

Port of Geelong sold to Spirit Super and Palisade Herald Sun

WebJan 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 ... WebSep 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 … WebJan 19, 2024 · GeelongPort And it singled out Port of Portland in its list of things that it’s seeking stakeholder feedback on. GeelongPort handles about 44 per cent of Victoria’s bulk freight, while 21 per... blacksmith house in minecraft

Funds’ proposed Port of Geelong acquisition sunk by ACCC

Category:Deal off: Palisade, super funds walk from $1.2b Port of …

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Port of geelong palisade

Troubled waters for Ports deal signals increased ACCC scrutiny of ...

WebSep 14, 2024 · By Sourced Externally. September 14, 2024. Palisade Investment Partners and Stonepeak Infrastructure Partners are understood to have hired advisory firm … http://ports.com/australia/port-of-geelong/

Port of geelong palisade

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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. 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.

WebMar 31, 2024 · The Port of Geelong is Victoria’s second largest port, located approximately 75km south-west of Melbourne. The Port of Geelong is currently owned 50% by a consortium comprised of Linx Cargo Care Pty Ltd and Infrastructure Investment Corporation (managed by Brookfield) and 50% by SAS Trustee Corporation. WebAug 29, 2024 · 29 August 2024. Sydney-based asset manager Palisade Investment Partners and Tasmanian superannuation fund Spirit Super have abandoned their A$1.2 billion …

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 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.

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 …

WebMar 31, 2024 · The Consortium proposes to acquire 100% of the Port of Geelong, a freehold diversified bulk commodity port in Victoria. Investors managed by Palisade also wholly … gary atkins real estateWebOct 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. blacksmith house minecraft ideasWebApr 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. gary attman baltimoreWebJan 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 ... blacksmith hotelWebSep 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 ... blacksmith hotel one tree hillgary attwoodWebNov 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. blacksmith house drawing