News
Investment groups back takeover bid for Sydney Airport
January 19th 2022
Several proxy advisory groups have recommended shareholders vote in favour of the A$23.6 billion (US$17 billion) takeover bid for Sydney Airport from a consortium that includes IFM Investors and Global Infrastructure Partners, The Australian Financial Review newspaper has reported, citing comments from the Australian Council of Superannuation Investors, ISS and Ownership Matters. Read More » As well, the Australian Shareholders Association said it will vote undirected proxies in favour of the takeover. Sydney Airport shareholders are due to vote on the takeover offer on February 3.
