Australian Infrastructure Fund is getting ready to deliver $2 billion to shareholders from the Future Fund deal; the question is whether AustralianSuper decides to chase after some damages. PrimeAg is a step closer to delisting after sealing a deal with a US-based asset manager. Meanwhile, GrainCorp is unmoved by its suitor’s lingering presence on the register, Myer has given an ominous message to fashion designers with exclusive distribution deals, Emirates has joined the ‘I object to that airline alliance’ club and RM Williams has done a deal for almost 50 per cent of the iconic company.
Australian Infrastructure Fund, Future Fund, AustralianSuper
Australian Infrastructure Fund announced to the market late yesterday that it is preparing to distribute about $2 billion to shareholders after offloading a suite of stakes in airports.