SYD sydney airport
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SYDNEY, July 15 (Reuters) - Sydney Airport Holdings Pty Ltd...

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    15/07/21
    08:25
    Post #: 54512960

    SYDNEY, July 15 (Reuters) - Sydney Airport Holdings Pty Ltd (SYD) said on Thursday it would reject a A$22.26 billion ($16.60 billion) takeover proposal from a group of infrastructure investors that if successful would have been one of Australia's biggest-ever buyouts.

    The operator of Australia's largest airport said directors had unanimously concluded the proposal undervalued the airport and was not in the best interest of shareholders. ($1 = 1.3407 Australian dollars)

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