Abu Dhabi investment firm buys stake in Australian port
Tawreed Investments, a subsidiary of Abu Dhabi Investment Authority, bought a minority stake in Australia's Port of Brisbane in a deal worth $2 billion - the Reuters reported.
ADIA was part of the Q Port Holdings consortium that included major stakeholders Global Infrastructure Partners, Industry Funds Management (IFM) and funds managed by QIC Limited that will take ownership of the port under a 99-year lease.
Abu Dhabi Investment Authority is listed in the Middle East Investors Directory with the code BD43.
More details from the Reuters follows
December 9, 2010 |
Filed under Abu Dhabi Venture Capital
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