Street Talk can reveal the two bidders have bankered up for due diligence and are seeking to lock in funding, so they can get offers to Halcyon’s advisers at Rothschild late next month.
The auction sees Ingenia – the biggest player in Australian manufactured housing estates – take on Stockland, one of the country’s biggest developers. Street Talk’s also caught wind of another bidder.
There’s arguably never been a better time to sell Australian infrastructure assets - and industry superannuation fund Rest is thinking about getting in on the action.
Tribeca Investment Partners money managers, major shareholders and co-CEOs David Aylward and Ben Cleary are set to hand over the reins to their funds manager so they can spend more time picking stocks.
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