Axiom Education wins schools PPP
Axiom Education – comprising ABN AMRO, Abigroup, UGL Services and YMCA – has won the PPP contract to build and maintain 11 schools in Victoria. The contract is worth about A$255m. As in other deals it has won recently, ABN AMRO is underwriting both the debt and equity. The losing bidders included Pinnacle Education and Learning Places Partnership.
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