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Business

Global Investors Bet $7.3 Billion on Australia鈥檚 Busiest Port

A group of global investors including QIC Ltd. agreed to pay A$9.7 billion ($7.3 billion) to run Australia鈥檚 busiest maritime hub for 50 years, betting on steady income from the port鈥檚 daily stream of containers and new cars.

, , September 19, 2016