Sydney Airport shareholders approve $17bn takeover

Sydney Airport shareholders approve $17bn takeover

Sydney Airport shareholders approved on Thursday a $16.85bn cash takeover by infrastructure investors, though many small retail investors voted against delisting Australia’s only listed airport. The purchase is a long-term bet on the travel sector, which has been...
MeinAuto drives for $1bn sale after scrapping IPO

MeinAuto drives for $1bn sale after scrapping IPO

German online car dealer MeinAuto is preparing to put itself up for sale after being forced to scrap plans for a stock market listing last year amid an industry downturn, according to four sources familiar with the matter. The company’s owner, private equity...