Street Talk

Blackstone, CPPIB close to securing FIRB nod for $24b AirTrunk deal

Sarah Thompson, Kanika Sood and Emma Rapaport

Nov 20, 2024 – 3.26pm

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It’s easy to forget that despite the mass euphoria created by AirTrunk’s sale in mid-September, the $24 billion-plus cheque is yet to hit the bank for owners Macquarie Asset Management and PSP Investments.

AirTrunk founder Robin Khuda has made a lot of people very happy with AirTrunk’s $24 billion sale. Peter Rae

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.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.