Spirit Super's Aussie port deal tackles anti-trust concerns
After a previous attempt to acquire the A$1.1 billion port with previous partner Palisade was sunk by the Australian competition watchdog, Spirit Super seems to have found success with a new partner.
Australian superannuation fund Spirit Super and US-based infrastructure investor Stonepeak’s deal to acquire GeelongPort Pty Limited (GeelongPort) is likely to fare better in the path to transaction closing, with fewer anti-competition hurdles.
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