Port of geelong palisade
WebOct 26, 2024 · On 26 August 2024, the Super Spirit and Palisade Investment Consortium withdrew its request for merger clearance for its acquisition of the Port of Geelong after the ACCC expressed concerns with the deal due to the consortium's common ownership and management of interests in the competing ports of Port of Geelong and Port of Portland. WebNov 28, 2024 · Along with Geelong, Palisade’s stakes in both ports may – over the medium to long term – reduce competition between Portland and Geelong in servicing bulk cargo customers, the ACCC noted. The port of Geelong is a bulk commodity port in Victoria. It is Victoria’s largest bulk commodity port, handling approximately 40% of Victoria’s ...
Port of geelong palisade
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WebJan 5, 2024 · “The Spirit Super and Palisade consortium is considered a responsible and capable custodian of the asset, with a longterm investment horizon, ports management expertise, and local knowledge to support its ownership of the Port of Geelong and contribute to the broader economic development of the Geelong region,” State Super and ... WebAug 16, 2024 · It is located 75km southwest of Melbourne and comprises 15 berths across two primary precincts, Corio Quay and Lascelles. It manages more than $7bn of trade and employs 1800 workers, handling more than 10 million tonnes of cargo annually.
WebJul 29, 2024 · Palisade Investment Partners is set to join AMP Capital in a quest to buy at least half of the Geelong Port, which is up for sale through Barrenjoey Capital Partners and Macquarie Capital. WebOct 26, 2024 · Spirit Super & Palisade / Port of Geelong. In March 2024, the ACCC released a public statement of issues about the proposed acquisition of the Port of Geelong by the …
WebAug 29, 2024 · The Port of Geelong is a freehold diversified bulk commodity port in Victoria. The Port of Geelong is Victoria’s second largest port, located approximately 75km south-west of Melbourne. It handles approximately 40 per cent of Victoria’s bulk cargo and is Victoria’s largest bulk commodity port. WebAug 26, 2024 · Aug 26, 2024 – 2.35pm. It’s back to the drawing board for Port of Geelong owners Brookfield and State Super, after their $1.2 billion deal to sell the port collapsed.
WebMar 31, 2024 · The Consortium proposes to acquire 100% of the Port of Geelong, a freehold diversified bulk commodity port in Victoria. Investors managed by Palisade also wholly …
WebAug 29, 2024 · 29 August 2024. Sydney-based asset manager Palisade Investment Partners and Tasmanian superannuation fund Spirit Super have abandoned their A$1.2 billion … small canvas wagonWebSep 14, 2024 · By Sourced Externally. September 14, 2024. Palisade Investment Partners and Stonepeak Infrastructure Partners are understood to have hired advisory firm … somer and associatesWebJan 4, 2024 · The deal nets Sydney-based Palisade another stake in a Victorian port, after snapping up the remaining 40 per cent shareholding in the Port of Portland in the state’s west. That 2024 deal saw ... small canvas tool bags made in usaWebAug 26, 2024 · Summary. A consortium of investors comprised of Spirit Superannuation, Commonwealth Superannuation Corporation ( CSC) and the Diversified Infrastructure … small canvas tool tote bagsWebJan 4, 2024 · Spirit Super and Palisade Investment Partners announced that they had bought Victoria’s second largest port from Brookfield Asset Management and State Super. All parties involved declined to confirm the value of the transaction, but a source close to the matter said it was approximately A$1.2bn. some raw materials crosswordsomera \u0026 silva law officeWebJan 4, 2024 · Palisade Investment Partners has made its second major infrastructure purchase in two months – teaming with Spirit Super to acquire GeelongPort, which … some rastafarians walk barefooted. why