Thursday June 30, 6:22 AM
AUSTRALIA PRESS: Macquarie Airports Eyes Budapest Airport
SYDNEY (Dow Jones)--Australia's Macquarie Airports Ltd. (MAP.AU) is among the 11 companies that have applied to buy a 75%-minus-one-share stake in airport management company Budapest Airport Ltd. (BPA.YY), the Australian Financial Review reports Thursday, without citing sources.
Hungary's State Privatization & Holding Rt., or APV (APV.YY), said Wednesday it received 11 applications, but didn't name the potential bidders. APV will announce which companies have made it to the first round of bidding by July 12.
Hungary's only major international airport, Budapest Airport received 6.5 million passengers in 2004, and posted revenue of HUF33 billion.
The U.K.'s BAA PLC (BAA.LN), the world's largest airport operator, and Spanish infrastructure operator Abertis Infraestructuras SA (ABE.MC) have already said they will bid for the stake.
Thursday June 30, 6:22 AMAUSTRALIA PRESS: Macquarie Airports...
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