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Showing 1 - 10 of 11 results for aix

Future Fund and AustralianSuper settle court case

LAURA MILLAN  |  THURSDAY, 18 JUN 2015
... airport, as part of an agreement in 2012 to acquire $2 billion of airport assets from the Australian Infrastructure Fund (AIX). The Future Fund was accused of manipulating the bidding process to put an artificially high price on the 29.7% stake in the ...

Australian Super backtracked on airport valuation: Future Fund

MARK SMITH  |  WEDNESDAY, 2 JUL 2014

Future Fund defiant in face of airport legal proceedings

ALICE URIBE  |  FRIDAY, 13 DEC 2013

Future Fund hands confidential documents to AustralianSuper

LAURA MILLAN  |  MONDAY, 28 OCT 2013
... board minutes, meeting records and copies of the agreements between the Future Fund and the Australian Infrastructure Fund (AIX). "The fund is confident in its position and maintains that it acted appropriately throughout the transaction," the spokesperson ...

Future Fund legally bound to protect docs in AustralianSuper feud

ALICE URIBE  |  WEDNESDAY, 4 SEP 2013
The Future Fund risks breaching a legally-binding confidentiality agreement with Australian Infrastructure Fund (AIX) if it hands over documents to AustralianSuper relating to its purchase of a stake in Perth airport. It is understood that AustralianSuper ...

Super behemoths set to lock horns in Supreme Court

MARK SMITH  |  WEDNESDAY, 28 AUG 2013
... by ascribing a 43% premium to its value when it bought $2 billion worth of shares from the Australian Infrastructure Fund (AIX). Yesterday the industry fund accused the $80 billion Future Fund of withholding crucial documents relating to the case, believed ...

Future Fund accused of withholding docs in airport spat

MARK SMITH  |  TUESDAY, 27 AUG 2013
... Future Fund in relation to the allocation of the purchase price of the airport assets from the Australian Infrastructure Fund (AIX) and is pursuing this matter in the best interest of its two million members. "These documents are being sought so that ...

Future Fund denies wrongdoing in Perth Airport deal

MARK SMITH  |  TUESDAY, 27 AUG 2013
... breached a shareholders' agreement in its $2 billion purchase of a stake in Perth airport from Australian Infrastructure Fund (AIX). AustralianSuper is seeking damages -- thought to be in the region of $100 million. AustralianSuper said it had been deprived ...

Future Fund to buy airport assets

BEN COLLINS  |  MONDAY, 26 NOV 2012
... today the Future Fund's board of guardians said it had agreed to buy all the assets in the Australian Infrastructure Fund's (AIX) portfolio. Worth $2 billion, the deal is a 10% premium on top of what the AIX directors said their portfolio was worth as ...

Future Fund to acquire AIF assets

MARK STORY  |  FRIDAY, 24 AUG 2012
The Future Fund has entered into an agreement to acquire all of the Australian Infrastructure Fund's (AIX) portfolio assets for $2 billion - 10% up to the AIX Directors' published asset valuations at 30 June 2012. Due to their strong correlation with ...
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