Future Fund buy

The Future Fund has emerged as the biggest shareholder in Transurban after snapping up stock from the selldown by Sydney infrastructure investor CP2 in Australia's largest listed toll-road operator. It now has a 6.78 per cent holding in Transurban, equating to nearly 99 million shares. The Future Fund, set up to provide for superannuation payments to public servants, is interested in boosting its holdings in infrastructure assets. Meanwhile, Transurban is expected to name its chief financial ...

The Future Fund has emerged as the biggest shareholder in Transurban after snapping up stock from the selldown by Sydney infrastructure investor CP2 in Australia's largest listed toll-road operator. It now has a 6.78 per cent holding in Transurban, equating to nearly 99 million shares. The Future Fund, set up to provide for superannuation payments to public servants, is interested in boosting its holdings in infrastructure assets. Meanwhile, Transurban is expected to name its chief financial officer, Tom Honan, as successor to chief executive, Chris Lynch, above.

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