Good evening,
 
 

Good evening,

It’s bid eve in the year’s hottest infrastructure auction, and there were plenty of restless dealmakers on Wednesday night.

Bank of America will collect first-round offers for a controlling stake in Singtel’s Australian telco tower portfolio on Thursday, including detailed business plans.

While the bidding is hot, onlookers reckon there are three firm favourites, depending on what exactly Singtel decides it is after. We have the form guide in Thursday’s column.

Elsewhere, Woolies’ investors have all but cleared the group’s proposed $12 billion pubs and bottle shops spin-off Endeavour Group.

Proxies are in before Friday’s vote and they’re understood to be a resounding yes. We have a look at what proxy advisory firms told clients about the vote.

Happy reading,

Sarah Thompson, Anthony Macdonald and Tim Boyd
Street Talk Editors

 
The Australian Financial Review
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