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Consortium offers $16.7 billion for Sydney Airport PUBLISHED BY 2 days ago A consortium of investors is offering A$22.26 billion ($16.7 billion) for Sydney Airport Holdings Pty Ltd, betting on long term recovery of the travel sector after the pandemic. The consortium offered A$8.25 (US$6.20) a share for the operator of Australia’s busiest airports, the company said in a stock exchange filing on Monday. Sydney Airport shares rose as much as 40 per cent to A$8 following the offer. Members of the consortium include Australian investment manager IFM Investors, pension fund QSuper and Global Infrastructure Management (Australia), an affiliate of New York-based asset manager Global Infrastructure Partners.

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