Private Equity Targets Contested Port of Darwin
Morning. Rich Henderson here in Bloomberg's Melbourne bureau with the latest headlines...
Today's must-reads:
• Private equity targets Port of Darwin
• Productivity reform priorities
• New Zealand primes for rate cut
US private equity group Cerberus Capital Management has expressed an interest in buying the lease for the Port of Darwin, which is currently owned by Chinese company Landbridge Group. The move is the latest in a politically charged commercial arrangement following the 2015 decision to sell the lease to the Chinese firm.
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