BBC News

Sydney Airport has agreed to accept a A$23.6bn (£13bn; $17.5bn) takeover bid from a group of investors.

If completed, the deal will one of Australia's biggest ever buyouts.

The agreement came after Sydney Aviation Alliance (SAA) raised its bid in response to the airport's owner rebuffing its earlier offer.

However, the proposed sale faces a number of potential obstacles, which means the process could still take months to complete.

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