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Tag "50-Year-Lease"

Australia’s Port of Melbourne sold for $7.3 billion

Australia’s Port of Melbourne sold for $7.3 billion

🕔11:21, 19.Sep 2016

SYDNEY, AUSTRALIA: An Australian-led consortium on Monday won a 50-year-lease on the nation’s biggest container and cargo port for Aus$9.7 billion (US$7.3 billion), the latest maritime asset to be privatised.

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