U.S. investment firm Cerberus Capital Management, which is linked to the Trump administration, has shown interest in taking over the Chinese-leased Port of Darwin.
Before the federal election on May 3, both the Albanese government and the federal opposition pledged to take back the port from the Beijing-linked company, Landbridge.
“We’ve been informally engaging with potential buyers for some time,” Prime Minister Anthony Albanese said at the time. “If the need arises for direct Commonwealth involvement, we’re ready to act.”
On May 28, Terry O’Connor, Landbridge’s non-executive director for Australia, confirmed that a representative from Cerberus had met with Darwin Port’s management, but had not made an offer for the asset….
Trump-Linked US Firm Circles Port of Darwin Amid Calls to End 99-Year Chinese Lease
