I Squared bids for its first Australian asset

15 October 2020 - 12:00 am UTC

I Squared Capital is eyeing its maiden investment in Australia after being ushered through to the second round of bidding for Australian bus transport operator Kinetic, said three sources close to the process.

The New York-based infrastructure manager lodged an indicative bid alongside KKR, Morgan Stanley Infrastructure and Infrastructure Capital Group, all of whom were shortlisted, added the sources.

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