Dow Jones News
Macquarie Airports Declines Comment On Saudi Interest
Wednesday January 18, 2006, 10:54 am
DJ Macquarie Airports Declines Comment On Saudi Interest
SYDNEY (Dow Jones)--Australia's Macquarie Airports Ltd. (MAP.AU) declines to comment on a report out of the U.K. that it may be interested in bidding for up to 10 airports in Saudi Arabia.
"We do not comment on market speculation," a Macquarie Airports spokesman said.
London's CityAM reported that BAA PLC (BAA.LN) is interested in bidding for control of 10 airports being privatized in Saudi Arabia.
The paper quoted a BAA spokesman confirming interest and that it faces competition from Macquarie Airports and unnamed Malaysian investors.
-By Lyndal McFarland, Dow Jones Newswires;
61-2-8235-2957; [email protected]
-Edited by Paul Dekkers
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