Dexus Group has cleared the runway for the sale of its 9.7 per cent stake in Melbourne and Launceston airports, in what is expected to mark the fourth airport selldown to launch in Australia this year.
Street Talk can reveal Dexus’s bankers at JPMorgan have sent a sale flyer, outlining the deal structure and offering preliminary financials, to parties interested in getting their hands on a 9.7 per cent stake in the two airports’ holding company, Asia Pacific Airports Corporation.
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