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Babcock & Brown Public Partnerships Limited

(Incorporated in Guernsey with registered number 45241)
 
Acquisition of Portfolio of Assets from Babcock & Brown

 

Babcock & Brown Public Partnerships Limited (LSE: BBPP) (‘BBPP’ or the ‘Company’), the internationally focused public infrastructure fund, announced on 27 November that, subject to shareholder approval, its subsidiaries will acquire a portfolio of five investments (the “Projects”) from subsidiaries of Babcock & Brown (ASX: BNB) for an aggregate maximum price of approximately £49.8 million (including deferred equity contribution).

For a copy of the press release, please click here.