[ad_1]
© Reuters. One of Sydney’s most domestic home terminals is seen as empty following the closure of New South Wales borders by neighboring states following an outbreak of coronavirus disease (COVID-19) in Sydney, Australia on 21 December 2020. REUTERS / Loren Elliott / File
SYDNEY (Reuters) – A consortium led by Macquarie Group (OTC 🙂 is considering a bid for Sydney Airport Holdings in a potential $ 22.3 billion ($ 16.7 billion) bid that is already on the table, Bloomberg News reported on Thursday as reported.
Macquarie has spoken to potential partners, including local pension funds, about making a joint bid for the airport, the report said, citing unidentified sources.
The report sent shares of Sydney Airport up 3.6% to $ 7.88, up from 0139 GMT. The stock, however, traded 37 cents lower per week than the $ 8.25 offered by the infrastructure investment consortium on Monday, suggesting uncertainty about the market.
The consortium of infrastructure investors – IFM Investors investment manager, QSuper pension fund and Global Infrastructure Partners fund manager – offered to buy Australia’s largest airport until Friday with a 42% premium in stock.
The talks were in the early stages and Macquarie also announced that he wanted to join the IFM consortium on Thursday.
Macquarie and Sydney Airport did not immediately respond to requests from Reuters for comments.
IFM is involved in major airports in Melbourne, Brisbane, Perth and Adelaide. QSuper has a stake in Heathrow Airport in the UK and invests in Gatwick and London City airports in the country of Global Infrastructure.
($ 1 = $ 1,3358)
Fusion Media or anyone related to Fusion Media will not be liable for any loss or damage based on information including data, quotes, tables and buy / sell signals on this website. Please be aware that the risks and costs associated with trading on the financial markets are one of the most risky investments possible.
[ad_2]
Source link
