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on the lookout for more airports, page-2

  1. 1,269 Posts.
    macq. wants more airport deals The Deal. - www.thedeal.com
    News in brief: June 22, 2005
    edited by Greg Johnson
    Updated 05:01 PM EST, Jun-21-2005

    Asia

    Macquarie wants more airport deals

    Australia’s Macquarie Bank Ltd., which owns stakes in six airports including Sydney, Brussels and Copenhagen, is interested in making further acquisitions through its Macquarie Airports Fund, a London-based executive with the group said Tuesday. Division director John Stent said that in the long run, Brussels airport operator BIAC, in which Macquarie has a 70% stake, plans to shed its 11% stake in Belgian carrier SN Brussels, the successor to bankrupt airline Sabena. Macquarie Airports Fund, the world’s second largest airport owner and manager, also owns stakes in airports in Rome and Bristol and Birmingham, U.K. — Renee Cordes
 
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