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It's closed to the formalization Albertis' deal to purchase Luton Airport

London, United Kingdom - Talks would carry on until January 7, 2005 but the group had already won a majority stake in Tbi

The Spanish group Albertis, based in Barcelona, announced it had purchased control of 89.1 percent of Tbi, Luton’s British Airport operator (see AVIONEWS). Under a takeover offer running until January 7, Albertis claimed it had already won a majority stake which seals its Luton Airport’s leadership. According to analysts the Spanish-based group effectuated a right bid in terms of money; this last fol...

AVIONEWS - World Aeronautical Press Agency - 110303

AVIONEWS - World Aeronautical Press Agency
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