Good evening,
 
 

Good evening,

It's been a long road to get here.

Tonight, we dive into the mooted $10 billion sale of NSW's remaining stake in WestConnex, which is ramping up almost two years after Transurban Group and friends bought a 51 per cent stake in August 2018 for $9.3 billion.

NSW Treasury and its bankers will be hoping the bidders that missed out last time don't have long memories and it'll find the answer this week with investor calls being lined up to assess interest.

Meanwhile, change is afoot at 131 year-old stockbroker EL&C Baillieu and we've got the details of which major shareholder is looking for the exit.

Finally, Stockland has entered a heads of agreement to sell two of its shopping centres and UK-listed infrastructure player John Laing Group has recut the sale of its Aussie renewables portfolio.

Happy reading,

Sarah Thompson, Anthony Macdonald and Tim Boyd.

Street Talk Editors

 
The Australian Financial Review
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