Chicago authorises $2.5 billion Stonepeak parking transfer
Arabian Post Staff -Dubai Chicago’s City Council has approved the $2.53 billion sale of its privatised parking-meter concession to Stonepeak Partners, clearing the transfer from a Morgan Stanley-led investor group after months of political dispute over the transaction. Aldermen voted 46-3 on Tuesday to authorise Stonepeak, a New York-based infrastructure investment firm, to acquire Chicago…
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