US EditionMacquarie returns to 3 mid-sized UK airports; what does it say about privatisation in Europe today?
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Macquarie returns to 3 mid-sized UK airports; what does it say about privatisation in Europe today?
Back in the day, when the Macquarie Group was an investor in airports across the world to a greater degree than it is now, it held equity in both Birmingham and Bristol airports in the UK. But it surrendered ownership at Bristol to the Canadian pension fund OTPP (Ontario Teachers' Pension Plan), and at Birmingham to a different investor. Things have a way of coming around. Now it is trying to buy back interest in both those airports from OTPP, a…
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