Macquarie prepares sale of Hobart Airport stake
Date
February 22, 2019
Type
M&A Transactions
Subtype
Transaction launched
Countries
Australia
Subsectors
Airport
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Macquarie Group is preparing to sell its controlling stakes in Hobart International Airport located in Cambridge, Tasmania. The facility has a current capacity of 2.4 million passengers annually. It is being maintained by Tasmanian Gateway Consortium, of which the 50.1% stake is owned by Macquarie Global Infrastructure Fund.
Macquarie could soon appoint advisers to prepare the disposal of its equity stake in the project.
