Indiana Toll Road (B): Will Winner’s Curse Strike Again Case Solution
The appraisal of facilities properties; figuring out the ideal savings rate; advantages and disadvantages of public-private collaborations; the "winner's curse".
In September 2014, the Indiana Toll Road (ITR) in the United States Mid-west, privatized as a 75-year deal at a remarkable rate of US$ 3.8 billion just 9 years previously, applied for Chapter 11 insolvency, having actually chalked up US$ 6.3 billion of financial obligation. In the succeeding sell-off the ITR handled to bring in an even larger quote than prior to - of US$ 5.72 billion.
published: 27 May 2016
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