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Sydney Airport Accepts Sweetened Purchase Offer

SYD
Credit: James D. Morgan / Getty Images
The Sydney Airport board has accepted a takeover bid from a consortium of investors after the prospective buyers raised their offer from previous unsuccessful attempts. The takeover deal would value the airport at A$23.6 billion ($17.5 billion), which is A$1.3 billion more than the consortium’s...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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