Australia’s Port of Melbourne sold for $7.3billion to investors including Chinese

‘The Port of Melbourne has been sold for $7.3 billion to Chinese and Australian sovereign wealth funds and other investors. It is Australia’s biggest container and cargo port where 3,000 ships dock annually.
This is one of the biggest privatization deals in Australian history, falling short of the sale of the electricity grid company Transgrid for $10.3 billion last November.
The Port of Melbourne was sold at a higher price than the Australian government had expected.’
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