Sydney Airport board agrees to $23.6bn buyout deal with international consortium

Australia's biggest and busiest airport could soon be changing hands, under a $23.6 billion takeover bid announced to the Australian Securities Exchange (ASX) this morning.

In a statement, Sydney Airport Limited revealed it had entered into an arrangement with an international consortium, which would acquire 100 per cent of the publicly-listed company.

The consortium, named Sydney Aviation Alliance, is comprised of several Australian and international investment and infrastructure funds.

Read More: https://www.abc.net.au/news/2021-11-08/sydney-airport-agrees-to-investment-fund-buyout-deal/100602082