One of Sydney Airport’s biggest institutional investors, the Australian Foundation Investment Company, is a “very reluctant seller” of Sydney Airport’s shares but is resigned to the $23.6 billion takeover proceeding.
The ASX-listed investment group, which invests in Australian and New Zealand equities, has been one of Sydney Airport’s top 20 shareholders, holding more than 21 million shares at the end of December.
Loading...
Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
