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Australian and Canadian funds acquire 48 percent of Birmingham airport (UK)

Birmingham , United Kingdom - First foreign direct investment for VFMC

With an investment of GBP 420 million the Australian Victorian Funds Management Corporation (VFMC) and the Canadanian Ontario Teachers Pension Plan bought a 48.25 percent stake in the British Birmingham International Airport. The two investment funds acquired the shares from Macquarie Airports Group and Ireland’s Dublin Airport Authority. It is the first direct investment abroad for VFMC, which i...

AVIONEWS - World Aeronautical Press Agency - 1079660
Rome, Italy, 09/24/2007 13:59
AVIONEWS - World Aeronautical Press Agency

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