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Macquarie consortium weighs rival bid for Sydney Airport
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By Harry Brumpton, Gillian Tan and Manuel Baigorri
July 8, 2021 3.48am
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A consortium led by Macquarie Group is exploring a rival offer for Sydney Airport in a potential challenge to IFM Investors’ $22.3 billion bid, people with knowledge of the matter said.
The investment bank has been speaking with potential partners, including local superannuation funds, about making a joint offer, according to the people. The bidding group could include funds managed by Macquarie Infrastructure & Real Assets, the people said, asking not to be identified because the information is private.
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