QIC drops out of Port of Brisbane bidding

The Brisbane-based investment fund and stake holder has failed to attract co-investors needed for an offer on the 26.7 per cent share of the port being shopped by a New York-based seller.

QIC Ltd, an investment firm with $74.3 billion in funds under management, has abandoned efforts to acquire a majority stake in Queensland’s biggest port after failing to persuade other investors to share the risk and reward of buying Global Infrastructure Partners’ shareholding in the port.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles