Australian Investor Nears Deal for Major Slice of Bristol Airport

Australian investor nears deal for major slice of Bristol Airport

Macquarie Group is reportedly close to acquiring a large share in the South West transport hub

Huge EU airport ranked among world's busiest to be transformed with £5bn upgrade - The Mirror

One of the world's busiest airports - which has been used by millions Brits - has announced ambitious plans to improve its infrastructure and services over the next five years

Macquarie looks to acquire stakes in three major British airports

Australian infrastructure giant Macquarie Asset Management could be on the cusp of acquiring significant stakes in three major UK airports.

Investor nears deal for stake in Bristol, London City, Birmingham Airport

The Australian infrastructure investor Macquarie is close to finalising an agreement to snap up stakes in the airports from Canadian pension fund OTPP

Macquarie nears deal for slice of London City, Birmingham and Bristol Airport

Macquarie is close to a multibillion pound deal for stakes in London City, Birmingham and Bristol Airport. The Australian infrastructure investor is this weekend finalising terms with the Canadian pension fund Ontario Teachers’ Pension Plan (OTPP), according to the Sunday Times. OTPP owns 25 per cent stake of London City, 27 per cent of Birmingham and 55 per cent of Bristol Airport. The deal still faces a number of hurdles, however. These includ…

Macquarie closing in on stake in UK hubs

A deal between Australian infrastructure giant Macquarie and Ontario Teachers’ Pension Plan (OTPP) to acquire stakes in London City, Birmingham and Bristol airports is reported to be “close to an agreement”. OTPP first announced plans to offload its stake in the three airports late last year, but according to a report in The Times sources say the deal is now expected to close imminently, although there is no certainty. Neither Macquarie or OTPP …