Listing PPPs not as lucrative as private sale - fund manager

Sun, 01 Sep 2019

By Victoria Young Sept. 2 (BusinessDesk) - Private equity buyers will offer a bigger payday than listing about $250 million of public-private partnership investments, according to the managers of the suite of assets. The investment managers said they looked long and hard at a public listing, but decided it won’t match the profits it expects from a private sale. The portfolio has attracted more than 25 expressions of interest from various local and overseas funds. “The issue is the listed markets aren’t providing that type of pricing th...

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