Investors have made a $17 billion offer to purchase the gateway to Australia, Sydney Airport (SYD).
Once concluded, it will become the country’s biggest-ever buy-out.
The deal comes into focus as the country has opened its international borders for the first time since the pandemic.
Hence the Sydney Aviation Alliance (SAA) revised the offer after the owner turned downed its initial proposal.
The latest assessment regarding Sydney, Melbourne, Brisbane, Perth, and Adelaide airport showed limited competition.
The Australian Competition and Consumer Commission (ACCC) said it was unlikely no single consortium would control any one of these airports.
SAA said the bidding consortium included IFM investors, QSuper and Australian Super, and US-based Global Infrastructure Partne...
