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Street Talk

AirTrunk showers staff with big bonuses as Blackstone deal nears close

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It’s been three months since the deal of the year, Blackstone’s $24 billion acquisition of AirTrunk from Macquarie Asset Management.

It wasn’t just Macquarie who made a motza. So too did the company’s founder and chief executive, Robin Khuda, who walked away with more than $1 billion in cash and kept a stake valued at about the same.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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