Australia's Dalrymple Bay falls; majority stakeholder to sell 23.2% stake

ReutersJun 13, 2025 4:22 AM

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Shares of Dalrymple Bay Infrastructure DBI.AX fall as much as 6.4% to A$3.78, their lowest level since April 15

Stock hits biggest intraday pct loss since Dec 15, 2020

Infrastructure co says majority stakeholder Brookfield Infrastructure Partners' BIP.N unit will sell 23.2% of the total 49% stake, without disclosing details

Price of the stake sale and whether it was on discount or premium could not be determined

Trading volume at about 4.6 mln shares, busiest session since May 2024

Stock up nearly 6.5% YTD

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