Street Talk
Ding, ding! Round two under way for AirTrunk’s $15b-plus auction
It’s decision time for the heavy hitters vying for a majority stake in the $15 billion-plus AirTrunk.
Street Talk understands Macquarie Capital and PSP Investments’ bankers have weighed the non-binding indicative offers collected this month, and officially kicked off the auction’s second round.
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
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