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Three Bids in $4.1 Billion Port of Melbourne Sale

Three consortia of Australian and international funds have submitted bids for a 50-year lease of the Port of Melbourne, Australia's biggest shipping container terminal, people familiar with the matter said on Monday. The state government of Victoria aims to raise at least A$5.3 billion ($4.1

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Three consortia of Australian and international funds have submitted bids for a 50-year lease of the Port of Melbourne, Australia's biggest shipping container terminal, people familiar with the matter said on Monday. The state government of Victoria aims to raise at least A$5.3 billion ($4.1

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