PXA 1.96% $14.50 pexa group limited

Ann: Presentation - UK update and proposed acquisition of Smoove, page-26

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  1. 344 Posts.
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    from afr 2018...

    Until this week's $1.6 billion transaction PEXA was owned by the state governments of NSW, Victoria, Queensland and Western Australia, the big four banks, Macquarie Group, Link Group and Melbourne rich-lister Paul Little.

    The winning consortium that emerged from a dual track sales process comprised Link, CBA and Morgan Stanley Infrastructure Inc. The trade sale option became more attractive than an initial public offering after extreme volatility in the US equity markets made local institutions nervous.


 
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