Street Talk

France’s Vinci test drives banks for EastLink tilt; Transurban digs in

Sarah Thompson, Kanika Sood and Emma Rapaport

Oct 24, 2023 – 7.47pm

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Paris-headquartered concessions player Vinci Group has begun meeting with investment banks for a potential buy-side mandate, as it weighs a tilt at Melbourne’s EastLink motorway.

Sources said Vinci has held talks with a handful of infrastructure advisory units this week, suggesting it is not just kicking tyres at EastLink. Of note, Vinci wouldn’t have a big list of bankers to shop from, given several of them are saddled to Transurban.

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.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.