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Busloads of bidders roll through Newcastle port

In the market’s only live ports deal, suits have been crawling all over Mike Baird’s Port of Newcastle this week as due diligence ramps up ahead of next month’s final bids.

Sarah Thompson, Anthony Macdonald and Gretchen Friemann

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In the market’s only live ports deal, suits have been crawling all over NSW Treasurer Mike Baird ’s Port of Newcastle this week as due diligence ramps up ahead of April’s final bids.

The shortlisted bidders, believed to be made up of four groups, and their respective advisers have been shown around the coal terminal one by one and introduced to its management team and key customers.

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Original URL: https://www.afr.com/companies/infrastructure/busloads-of-bidders-roll-through-newcastle-port-20140306-ij89a