Transurban takeover bid livens up lacklustre markets
The US$8 billion takeover offer by two Canadian pension funds for the Australian toll road operator gave ballast to a subdued Asia-Pacific (ex-Japan) market. Asiamoney.com rounds up last week’s capital market activity in the region.
A takeover bid for Australian toll road operator Transurban Group brought a ray of light to an otherwise moribund level of activity across the region’s capital markets last week.
The Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers’ Pension Plan launched a US$8.05 billion bid for the firm
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