Final bids called in auction for StraitNZ
FerryRothschild Australia called final bids in the auction of StraitNZ, the owner of the Bluebridge Cook Strait ferries, the Australian Financial Review reports. The company is owned by Morgan Stanley Infrastructure Partners and has been valued at about AUD 1 billion.
According to the paper, at least two bidders have submitted proposals. One of them is the Toronto-based investor Northleaf Capital Partners, which has made a binding offer. Northleaf's assets in the region include the Lal Lal wind farm in Victoria and Vodafone's towers in New Zealand.
The sale process was launched in May. Morgan Stanley Infrastructure Partners bought StraitNZ, which also has a freight-forwarding business, from CPE Capital. Bluebridge runs the RoPax ferries CONNEMARA and LIVIA between Wellington and Picton.
© Shippax
nov 12 2026
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