Street Talk has spotted the $230 billion Australian Retirement Trust superannuation fund (formed by the merger of QSuper and Sunsuper) landing among the bidders.
It is hitching a ride with Macquarie and Aware Super’s already established tag team.
The trio is bidding against HRL Morrison and Plenary Group, who each want the asset.
The Queensland super fund’s arrival is no surprise, given it has already amassed stakes in Sydney Airport, the land titles offices, Telstra’s mobile tower company Amplitel and some ports.
The VicRoads rego auction has been a slow-moving train. But with deep-pocketed suitors and ambitious plans from the government for the proceeds, it would be interesting to see where the hammer falls.
UK’s CapVest Partners has begun passing around the hat to collect just under $500 million for its $8.17 a share bid to buy listed IVF business Virtus Health.
It had inherited about 50 million WAM shares in April, when it sold its two listed investment companies to the bigger Sydney-based group in a scrip-based deal.
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