Sydney Airport rejects improved $16.8b buyout bid from group of infra investors

Sydney Airport rejects improved $16.8b buyout bid from group of infra investors

Photo: Soheb Zaidi/ Unsplash

 Sydney Airport Holdings Pty Ltd on Monday rejected an improved bid from a group of infrastructure investors worth A$22.80 billion ($16.81 billion), saying that it undervalued the airport operator, but that it was open to a higher offer.

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