With both now holding approximately 20% of Asciano shares, a battle is underway for control of he company

Global Infrastructure Partners (GIP) has put its 27% stake in Port of Brisbane Pty Ltd (PBPL) on the market and expects to complete a sale before year’s end.

Despite high levels of volatility and uncertainty over container growth prospects, global terminal operators continue to invest heavily.

MSC has reached agreement with Global Infrastructure Partners and a group of its LP co-investors to sell 35% of Terminal Investment Limited for US$1.929B

Five groups are vying to buy the 99-year lease of the port of Brisbane, which the Queensland government is hoping to sell for more than A$2B (see WorldCargo News June 2009, p32).

After months of trying to lure investors to part-sales of selected business units, Australian ports and rail operator Asciano has succumbed to market pressure and placed the entire group on the market.

With both now holding approximately 20% of Asciano shares, a battle is underway for control of he company

Global Infrastructure Partners (GIP) has put its 27% stake in Port of Brisbane Pty Ltd (PBPL) on the market and expects to complete a sale before year’s end.

Despite high levels of volatility and uncertainty over container growth prospects, global terminal operators continue to invest heavily.

MSC has reached agreement with Global Infrastructure Partners and a group of its LP co-investors to sell 35% of Terminal Investment Limited for US$1.929B

Five groups are vying to buy the 99-year lease of the port of Brisbane, which the Queensland government is hoping to sell for more than A$2B (see WorldCargo News June 2009, p32).

After months of trying to lure investors to part-sales of selected business units, Australian ports and rail operator Asciano has succumbed to market pressure and placed the entire group on the market.