Johnson Winter & Slattery and Blake Dawson are advising on the $2.4 billion proposed buyout of Australian toll road operator ConnectEast Group.
Sydney-based CP2 Ltd., an investment fund specializing in infrastructure, already owns 35 percent of ConnectEast’s shares and is seeking to take over the rest. To help finance its acquisition, CP2 has raised $1.5 billion from a consortium of investors which includes Chinese sovereign wealth fund China Investment Corp., New Zealand Superannuation Fund, and National Pension Service of Korea.
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