Chinese sovereign wealth fund China Investment Corporation is seeking a buyer for its stake in major Melbourne tollroad EastLink.
Investment bank Goldman Sachs has started approaching domestic and offshore pension funds and infrastructure funds on CIC's behalf, seeking to drum up interest ahead of an auction due to kick off next month.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
