Asset Sales output covers the management of, and the provision of advice to The Government on major asset sales.
Generally, there are two types of assets sales:
- Trade sale – sale by way of tender (eg ADI Limited, Sydney Airports Corporation Limited); and
- Public Float – sale to institutional and retail investors of shares in a company which is listed, or subsequently listed, on a securities exchange (eg Commonwealth Bank, Telstra).
The Key Contact for Asset Sales is Mr Robin Renwick, First Assistant Secretary, Commercial and Claims Division. Ph (02) 6215 2117.