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"Ferrovial" group to sell 10% of its shares in BAA, British Airport Authority

London, United Kingdom - To decrease debts

Last Friday, October 22 "Ferrovial", the Spanish construction and services group, announced it has initiated the process for the sale of 10% of the shares of "BAA", British Airports Authority, the airport operator in the UK of which it currently holds just less than 56%. The deal would allow the group Ferrovial to drastically reduce the debts of BAA weighting on its balance sheet (but, conversely,...

AVIONEWS - World Aeronautical Press Agency - 1122157
Rome, Italy, 10/25/2010 07:10
AVIONEWS - World Aeronautical Press Agency

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