Big sovereign wealth funds eyed stakes in Melbourne Airport
More than a dozen big international investors, including Canadian pension fund CDPQ and Singaporean sovereign wealth fund GIC, have been revealed as potential acquirers of stakes in Melbourne Airport in a court battle over the future of billions of dollars of assets managed by property group Dexus.
The investors signed confidentiality agreements with Dexus last year after the company hired investment bank JPMorgan to handle a sale of some of the holdings it manages on behalf of its own funds and third parties.
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