Transurban and Macquarie Prepare to Bid for Parts of Huge WestConnex Project

The Australian  reports, “Investment bank Morgan Stanley is positioned to win the mandate to advise Transurban as [it] gears up to bid for parts of the $16.8 billion-plus WestConnex project once some of the assets are put up for sale by the NSW government. It comes as Macquarie Infrastructure Real Assets is thought to be rallying support from [pension] funds to rival any play that Transurban may make for WestConnex.”