French infrastructure player Vinci, capitalised at €69.5 billion ($120.8 billion) on the Euronext Paris, has made its third attempt to add an Australian airport to its sprawling global portfolio.
Street Talk understands Vinci, advised by Lazard, has lobbed a non-binding indicative bid for North Queensland Airports, owner of the Cairns and Mackay Airports, where owners JPMorgan Infrastructure Partners and Macquarie-run The Infrastructure Fund are selling 100 per cent via Macquarie Capital in the four airport deal in the past 12 months.
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