NewsBite

UBS prepares to sound out bidders for ANZ Terminals

Recent consolidation in Australia’s petroleum industry has prompted the owners of ANZ Terminals to launch a sale process which they hope will fetch as much $500 million.

Sarah Thompson, Anthony Macdonald and Gretchen Friemann
Updated

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Recent consolidation in Australia’s petroleum industry has prompted the owners of ANZ Terminals to launch a sale process which they hope will fetch as much as $500 million.

Acquired by Morningside Private Investors in March 2006, ANZ Terminals provides storage at eight ports across Australia and New Zealand for companies importing or exporting bulk liquid chemicals, fuels, petroleum products, vegetable oils and liquefied gasses.

Loading...

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Original URL: https://www.afr.com/property/commercial/ubs-prepares-to-sound-out-bidders-for-anz-terminals-20131210-ij8j1