Infratil’s $1 billion war chest: what it’s for, what it could sell next

Infratil’s $1 billion war chest: what it’s for, what it could sell next
Infratil boss Jason Boyes announced in May that the infrastructure investor would simplify its portfolio. (Image: Jacques Steenkamp/NZME)
Rebecca Stevenson
What might infrastructure investor Infratil do with $1 billion? The firm has set a billion-dollar target to raise from asset sales over the next few years.Its stake in Australian medical imaging company Qscan is up for sale, and Infratil sold its interest in retirement village developer and operator RetireAustralia in August for about $328 million – although it took an $80m hit.The divestments are part of a planned simplification of its portfolio, first revealed by chief executive Jason Boyes in May.Businesses on the choppi...

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