Tuesday, 14 October 2014

Ferrovial consortium said to be closing in on £1 billion airports deal

Here is an interesting snippet on the sale of three airports by Heathrow Airport Holdings.

I have been told that the consortium comprising Spain's Ferrovial, Australia's Macquarie and Singapore fund GIC are close to finalising the £1 billion acquisition of Glasgow, Aberdeen and Southampton airports.

I know this story has been comprehensively covered in recent weeks but my sources tell me the deal might be announced at the end of this week.

Ferrovial and Heathrow both declined to comment.  

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