DataRoom AM: Transurban edge

Transurban remains in the front seat for Queensland Motorways after ACCC approval, while James Packer's Asian casino JV is seeking a local partner for its plans in Japan.

Transurban has been given the green light from the ACCC to acquire Queensland’s biggest toll road operator ahead of an April deadline for final bids. While there is plenty of competition in the bidding process, the news ensures Transurban and its joint venture partners remain firmly in the front seat.

Elsewhere, James Packer’s Japan push steps up another gear, media mogul Kerry Stokes mulls a British expansion, Grocon takes a hit in New York and Bank of Queensland claims the favourite tag in the fight for Investec Australia’s assets.

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