Morrison & Co sells five private-public assets for $200m

Australasian alternative asset manager Morrison & Co has agreed to sell five of its New Zealand private-public infrastructure assets to UK-headquartered Amber Infrastructure Group for $200 million.Under the agreement, the five assets from Morrison & Co’s Public Infrastructure Partners (PIP) portfolio will be wholly owned by the Amber-advised International Public Partnerships Limited (INPP), which is listed on the London Stock Exchange.The assets include the Hobsonville Point Primary and Secondary schools, which are under the NZ Sc...
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