Published by
Reuters
Reuters
By Jamie Freed SYDNEY (Reuters) -Sydney Airport Holdings Pty Ltd said on Monday it has granted a consortium of infrastructure investors access to due diligence after the group boosted a takeover proposal by 3.6% to A$23.6 billion ($17.4 billion). Sydney Airport is Australia’s only listed airport operator and a purchase would be a long-term bet on the travel sector which has been battered by the pandemic. A successful takeover would be among the largest buyouts ever of an Australian firm and underline a year of stellar deal activity, that has already seen a mega $29 billion buyout of Afterpay b…
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