№ files_lp_4_process_2_47165
Detailed news account of Hastings Funds Management and China Merchants finalizing a $1.75 billion 98-year lease of Port of Newcastle, including bidding process, key players, timeline pressures, and public concerns over lease details.
Year: 2014
Location: Newcastle, New South Wales, Australia
Topic: Infrastructure investment and port privatization
Document Type: News article
Publisher: The Australian Financial Review
Authors: Jenny Wiggins, Gretchen Friemann, Joyce Moullakis, Ian Kirkwood, Jason Gordon
Key Entities: Hastings Funds Management, China Merchants, RBC Capital Markets, Port of Newcastle Investments (PONI)
Audience: General public, investors, policymakers
Dates of Events: April 28–30, 2014
Date Published: May 17–19, 2014
Financial Details: $1.75 billion bid for 98-year lease
Relevant Issues: Timing around state funeral of former NSW premier Neville Wran, lease terms transparency, potential port development
Price: 8 / 10 USD
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