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Good evening,

Prepare for takeoff. Street Talk can reveal one of Brisbane Airport’s six shareholders has brought in Macquarie Capital to offload its stake, meaning there could soon be movement on its tightly held register.

Given Sydney Airport sold last year for $23.6 billion, even a small stake in the company would mean big money. It’s as core as core infrastructure gets.

Elsewhere, one of Australia’s largest car wash chains is making a splash. Star Car Wash is on the market after almost two decades of family ownership, mandating Grant Samuel.

There’s no marketing pitch in front of prospective bidders yet, but Street Talk understands its bankers will target private equity firms, service station owners and even large retailers which could put outlets in carparks.

Finally, one of the best US M&A lawyers in the market is set to retire; Melbourne could be one step closer to another world-class football stadium as flyers for Western Melbourne Group hit inboxes; and Credit Suisse banker James Disney is set to launch his own advisory shop.

Happy reading,

Sarah Thompson, Kanika Sood and Emma Rapaport
Street Talk editors

 
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