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Authors

Publication Date

5-1-2005

Abstract

As the UK PFI market matures and more projects reach their operational phase, much has been said about the development of a secondary market for equity stakes in operational PFI projects. What are the drivers of an equity secondary market and is it a natural progression of PFI? If there is to be considerable movement within equity ownership of PFI projects, can one expect a similar development in Australia once its PPP primary market is sufficiently mature?

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