Australian Fund Buys Majority Stake in UK's Largest Port Operator

• IFM Investors, an Australian pension fund, has acquired a 64% stake in Associated British Ports.
• The deal is valued at over £10 billion, marking one of the largest UK deals of the year.
• Associated British Ports is the UK's largest port operator.
• The previous majority stake was held by Canadian pension funds.
• This transaction is expected to bring significant infrastructure investment to the UK.