Street Talk

Three-horse race at Queensland Airports; Dexus snags a wingman

Sarah Thompson, Kanika Sood and Emma Rapaport

Sep 23, 2024 – 5.47pm

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The auction for a 74.25 per cent stake in Queensland Airports Limited has not been without turbulence. First, Dexus Group lost its bid partner, then KKR was considering walking away from the auction.

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