Street Talk
Barrenjoey pumps bidders for UniSuper’s stake in Aquasure
UniSuper, the $135 billion industry superannuation investor, has given its bankers the go-ahead to launch a sale process for its 35 per cent stake of the Victorian desalination plant, capable of pumping a third of Melbourne’s annual water needs from seawater in times of drought.
The government did not place any orders with the Vic Desal plant in the 2024 and 2025 financial years.
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
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