Good evening,
 
 

Good evening,

Atlassian billionaire Scott Farquhar and his dealmaking partner Kim Jackson have emerged as the new owners of Queensland Airports, with their $3 billion bid alongside global investor KKR trumping industry superannuation giant AustralianSuper.

Street Talk can reveal the deal valued QAL at about $3 billion and was signed at 5am on Thursday. The KKR-Skip consortium has emerged as the winning bidder after defeating the country’s biggest superannuation fund, AustralianSuper, and ASX-listed Dexus Group and its bid partner the Gold Coast Council. All three groups had submitted binding offers at Monday’s deadline.

It marks the first time that the $US550 billion-plus ($806 billion) KKR has invested in an airport across the world, since its founding 48 years ago.

Collapsed ASX-listed gold miner Calidus Resourcessent out stockbroker Petra Capital to raise up to $190 million at 1¢ a share, a whopping 91 per cent discount to its last traded price, on Thursday morning.

A late rally in the mining sector pushed the Australian sharemarket higher on Thursday as China pledged more stimulus measures to help the country meet its growth target.

Click here for the latest equity market wrap.

 
The Australian Financial Review
TwitterInstagramLinkedInFacebook
Apple StoreGoogle Play

You have received this email because you are subscribed to Street Talk First Look with the email address: newsletter@newslettercollector.com

  Manage Subscriptions     Unsubscribe     Privacy Policy     Contact Us  

© 2024 The Australian Financial Review

1 Denison Street North Sydney, NSW 2060 Australia

 
Nine Entertainment, 1 Denison St, North Sydney, NSW, 2060, Australia Profile center