Sydney Airport fails to upgrade buyout defence

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Sydney Airport fails to upgrade buyout defence, says jgfarb:

International travel, though, will be slow to recover Down Under. Even when it does, there’s no guarantee Chinese visitors will return to help fill upscale shops. The real estate projects are years away. Meantime, ais available now.

That’s 47% above the undisturbed price, and worth more if Sydney Airport’s equity hike last year is factored into the equation. Holding out for another sweetener might pay off, but there’s a growing risk the suitors take off instead. Amazon steps closer to modern Sears

 

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