Ventia is an Australasian infrastructure service provider. It was established in 2015 when

CIMIC Group CIMIC Group Limited (formerly Leighton Holdings) is an Australian construction contractor. It is active in the telecommunications, engineering and infrastructure, building and property, mining and resources, and environmental services industries ...

merged its Leighton Contractors Services, Thiess Services and Visionstream divisions.

Apollo Global Management Apollo Global Management, Inc. is an American global private-equity firm. It provides investment management and invests in credit, private equity, and real assets. As of March 31, 2022, the company had $512 billion of assets under management, ...

took a 50% shareholding in the company. In June 2020,

Broadspectrum Broadspectrum, formerly known as Transfield Services, was an Australian and New Zealand company that provided infrastructure maintenance services. Formerly listed on the Australian Securities Exchange, and later owned by Ferrovial, it was then ...

was purchased from

Ferrovial Ferrovial, S.A. (), previously Grupo Ferrovial, is a Spanish multinational company involved in the design, construction, financing, operation (DBFO) and maintenance of transport infrastructure and urban services. It is a publicly traded company ...

. In 2021 Ventia was floated on the

Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...

and

New Zealand Exchange New Zealand's Exchange (), known commonly as the NZX, is the national stock exchange for New Zealand and a publicly owned company. NZX is the parent company of Smartshares, and Wealth Technologies. On 30 August 2020, the NZX had a total of 1 ...

as a

dual listed company Dual or Duals may refer to: Paired/two things * Dual (mathematics), a notion of paired concepts that mirror one another ** Dual (category theory), a formalization of mathematical duality *** see more cases in :Duality theories * Dual (grammati ...

. CIMIC and Apollo each retained 32.8% shareholdings. In May 2023, both reduced their stakes to 15%.Apollo, CIMIC jettison $300m Ventia block; Barrenjoey, JPM on trade
''

Australian Financial Review ''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New Sou ...

'' 4 May 2023

References

{{Apollo Global Management Apollo Global Management Companies based in Sydney Companies listed on the Australian Securities Exchange Companies listed on the New Zealand Exchange Dual-listed companies 2015 establishments in Australia