KKR and Skip Essential Infrastructure Fund acquire 74.25% stake in Queensland Airports Limited.

KKR and the Skip Essential Infrastructure Fund are set to acquire a 74.25% majority stake in Queensland Airports Limited from The Infrastructure Fund, Australian Retirement Trust, and State Super. This acquisition involves airports in Gold Coast, Townsville, Longreach, and Mount Isa and is expected to close in late 2024, pending regulatory approvals. Financial terms remain undisclosed, but the deal aims to enhance airport services and promote energy innovation.

September 26, 2024
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