QIC mulls sale of Qld Motorways

Govt's investment arm looks to hire investment bank to advise sale.

QIC Ltd, the Queensland government’s investment fund with $74.3 billion in assets under management, is seeking to hire an investment bank to advise it on how to sell its 100 per cent shareholding in Queensland Motorways Ltd, which QIC bought two years ago from the government for $3.1 billion.

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