Igneo Infrastructure Partners’ long-running selldown at the $14 billion Brisbane Airport has shaken out another buyer, the Royal Schiphol Group.
The Dutch-government’s airport owner overnight announced it had acquired a 0.5 per cent stake in the Brisbane Airport Corporation to build its existing 19.6 per cent stake in the asset. Schiphol has been an investor since 1997.
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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
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
