Subscribe to RSS feedBBI to maintain Dalrymple Bay link as deal gets done
BABCOCK & Brown Infrastructure (BBI) intends to retain part, or all, of its remaining ownership in Dalrymple Bay Coal Terminal (DBCT) after it last week handed over a significant stake in the terminal to Brookfield Asset Management.
A spokesman for the infrastructure investor said BBI did not plan to sell its 50.1% holding in DBCT over the short term.
On November 16 BBI’s ordinary and preference shareholders approved a proposal by Canadian venture capitalist Brookfield Asset...
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