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AustralianSuper, Gold Coast Council fly into Queensland Airports sale

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The country’s largest superannuation fund and the Gold Coast Council have joined the bidder queue snaking around a 74.25 per cent stake in Queensland Airports, put up for sale by three institutional investors, Street Talk can reveal.

Gold Coast Airport accounted for 74 per cent of QAL’s FY23 revenue. 

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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Original URL: https://www.afr.com/street-talk/australiansuper-gold-coast-council-fly-into-queensland-airports-sale-20240711-p5jsuu