DataRoom AM: Hit the road

Final bids for RiverCity Motorways are due today and the big banks are lining up for Lloyds' $9 billion sale.

The final offers for Clem Jones Tunnel owner, RiverCity Motorways, are due by the end of business today. Queensland Motorways is favourite to bag the fellow sunshine state road company, but there are some big rivals circling. Meanwhile, final offers for Lloyds are almost due, UGL is stressing that it ain’t dragging its feet on the demerger deal and Newcrest Mining has reportedly got some attention from a US investor…almost half a billion dollars’ worth of attention.

RiverCity Motorway Group, Queensland Motorways

Finals bids for RiverCity Motorways are due today and a decision on the winner of Brisbane’s Clem Jones Tunnel owner could even be made by the end of the month.


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