[THE INVESTOR] A consortium of global investors including South Korea’s National Pension Service have agreed to acquire the Port of Melbourne for AU$9.7 billion (US$7.32 billion).
The NPS, which oversees $430 billion in assets, invested over AU$500 million into Australia’s busiest port for containerized and general cargo.
The consortium is led by Queensland Investment Corporation, the Future Fund and Global Infrastructure Partners.
![[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/21/20241121050099_0.jpg)
