Ringwood Bypass

Jun 25, 2024 | ai-cio.com | Michael Katz |Ringwood Bypass

The Future Fund, Australia’s A$223.4 billion ($147.6 billion) sovereign wealth fund, and the Queensland Investment Corp., have completed their acquisition of a 19.8% stake in Australian toll road network owner ConnectEast Group  from New Zealand Superannuation Fund and Teachers Insurance and Annuity Association of America. Financial terms of the deal were not disclosed.