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Sydney Airport towards sale

The BoD agrees to USD 17.5 bn buyout deal

The Board of Directors of Kingsford Smith International Airport in Sydney, Australia, has announced that it has agreed to USD 17.5 bn buyout deal from a national consortium of local investors. The BoD of the airport unanimously approved the sale. Shareholders are expected to vote, as well as the go-ahead from the Civil Aviation Safety Authority. "The Sydney Airport Board believes the outcome reflects...

Gic - 1240251

AVIONEWS - World Aeronautical Press Agency
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