29-07-2025
- Business
- AU Financial Review
Groundhog day at Sydney Desal auction as Morrison bankers up
Barrenjoey Capital Partners didn't hold back in its sell-side pitch for the $2.5 billion Sydney Desalination Plant, bowling over readers with pages of detail that read more like an investment memorandum than a sale flyer.
Jarrod Key's infrastructure team is spruiking the asset hard, hoping to get as many deep-pocketed bidders to the table for part-owner Ontario Teachers' Pension Plan (OTTP). But are prospective acquirers' efforts all for nothing?
According to the flyer distributed by Macquarie, UGL offers its buyer a chance to work across the entire value chain.
This week: the mini-meltdown at Macquarie, the pitched battles over who's going to manage your money, and why Chinese cars are taking over the market. See all Macquarie Group news