Transurban’s lacklustre share price and valuable collection of toll roads is raising investor expectations that the infrastructure giant could become a prime target for pension funds chasing big-ticket assets.
The toll road group’s assets are valued at almost $60 billion, and it has long been considered an expensive acquisition target. This has allowed it to remain ASX-listed as its peers – like Sydney Airport, which was sold for $23.6 billion in 2022 – have been taken private.
Source: https://www.afr.com/companies/infrastructure/investors-say-saleable-transurban-is-shaping-up-as-a-buyout-target-20250128-p5l7ul