Bloomberg Businessweek (Europe) - - MARKETS / FINANCE - By Kyle Stock

The Port of Mel­bourne wel­comes bid­ders. Aus­tralia’s big­gest ship­ping-con­tainer ter­mi­nal is up for a 50-year lease. The state govern­ment of Vic­to­ria hopes the pri­va­ti­za­tion plan will raise more than $4 bil­lion. At least three groups of funds have sub­mit­ted of­fers. One is led by Aus­tralian in­vest­ment bank Mac­quarie Group.

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