Bidders are dropping like flies at Queensland Airports Limited, with just a fortnight to go until binding offers.
Street Talk can reveal US private equity juggernaut KKR and Scott Farquhar and Kim Jackson’s family office, Skip Capital, are considering abandoning their consortium bid for a 74.25 per cent stake in QAL. The group is advised by RBC Capital Markets, as revealed by this column in November.
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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
