StraitNZ sets sale as Morgan Stanley looks to $1.2b exit
The global private equity fund bought the logistics and Bluebridge operator in March 2022, but has now appointed investment banks to promote its sale.
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Investment banks appointed by Morgan Stanley Infrastructure Partners are reported to be promoting the sale of StraitNZ, the operator of the Bluebridge Cook Strait ferries.
The AFR's Street Talk has pegged an asking price at about A$1 billion ($1.22b) for the operator, whose landside operations also
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