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Fitch warns an Evergrande default may have broad China economic effects

Fitch warns an Evergrande default may have broad China economic effects
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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China Evergrande's liquidity crisis deepens on report of interest payment miss | Hellenic Shipping News Worldwide

China Evergrande's liquidity crisis deepens on report of interest payment miss | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Sydney Airport gets $16.7 billion buyout bid; stock surge misses offer price

Sydney Airport gets $16.7 billion buyout bid; stock surge misses offer price
By Jamie Freed and Scott Murdoch
Reuters
SYDNEY (Reuters) -Sydney Airport Holdings Pty Ltd on Monday said a group of infrastructure investors has proposed a A$22.26 billion ($16.7 billion) buyout of the operator of Australia s biggest airport, sending its shares surging albeit short of the offer price.
If successful, the deal would be Australia s biggest this year, eclipsing the $8.1 billion spin-off of Endeavour Group Ltd and Star Entertainment Group Ltd s $7.3 billion bid for Crown Resorts Ltd.
The Sydney Aviation Alliance - a consortium comprising IFM Investors, QSuper and Global Infrastructure Partners - has offered A$8.25 per Sydney Airport share, a 42% premium to the stock s Friday close. ....

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Sydney Airport gets $16.7 billion buyout bid; shares surge

Sydney Airport gets $16.7 billion buyout bid; shares surge
Reuters
4 hrs ago
By Jamie Freed and Scott Murdoch
© Reuters/LOREN ELLIOTT
FILE PHOTO: A quiet Sydney Airport is seen in the wake of a COVID-19 outbreak in Sydney
By Jamie Freed and Scott Murdoch
SYDNEY (Reuters) -Sydney Airport Holdings Pty Ltd said on Monday a consortium of infrastructure investors had proposed a A$22.26 billion ($16.7 billion) cash buyout of the operator of Australia s biggest airport, sending its shares up as much as 38%.
If successful, it would be the biggest such deal in Australia this year, eclipsing the $8.1 billion spin-off of Endeavour Group Ltd and Star Entertainment Group Ltd s $7.3 billion bid for Crown Resorts Ltd. ....

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Sydney Airport gets $16.7 bln buyout bid from consortium; shares up 38%

Publishing date: Jul 04, 2021 • 4 hours ago • 2 minute read •
Article content
SYDNEY Sydney Airport Holdings Pty Ltd said on Monday a consortium of infrastructure investors had proposed a A$22.26 billion ($16.7 billion) cash buyout of the operator of Australia’s biggest airport, sending its shares up as much as 38%.
If successful, it would be the biggest such deal in Australia this year, eclipsing the $8.1 billion spin-off of Endeavour Group Ltd and Star Entertainment Group Ltd’s $7.3 billion bid for Crown Resorts Ltd.
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Sydney Airport gets $16.7 bln buyout bid from consortium; shares up 38% Back to video ....

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