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Ferrovial SA said Friday that Qatar Holding LLC has agreed to buy a 20% stake in U.K. airport operator BAA Ltd. for about $1.4 billion. BAA owns London's Heathrow and Stansted airports, Glasgow and Aberdeen airports in Scotland and Southampton
Suggested Topics The latest round of a battle over the sale of Stansted Airport took off at the Court of Appeal today. Three judges in London are being asked to rule in a challenge brought by airport operator BAA. In 2009 the Competition Commission (
Airports operator BAA said on Monday it had completed a 2.75 billion pounds refinancing of its loan facilities for Heathrow and Stansted airports in London . BAA, owned by Spanish group Ferrovial , said the new deal was made up of 2 billion pounds in
ET Highway 407's eastern expansion will take it to Clarington, Ont. (Danielle Scott/Wikimedia Commons) A new SNC-Lavalin joint venture recently selected as preferred bidder by the Ontario government has finalized a $1-billion contract to extend the
The Spanish firm that owns and operates Highway 407 will help manage a $1 billion eastern extension of the controversial toll road. Unlike the current 407, however, the extension will be publicly owned, though privately operated. The province will
News in pictures On Facebook Suggested Topics The crisis in Spain is by no means limited to its banks, as its vast power corporation Iberdrola, owner of Scottish Power, made clear yesterday. Like many other corporate giants in the country, Iberdrola
the largest-listed U.K. private equity company, is in talks with Spain's Ferrovial to sell its Enterprise maintenance and cleaning company, the Financial Times reported . Share This Story Ferrovial is expanding its foreign holdings and already owns U.
Airport operator BAA Ltd. said Monday it has agreed to sell Edinburgh airport to Global Infrastructure Partners for 807 million pounds ($1.3 billion). The sale complies with an order by the Competition Commission, the U.K.'s antitrust watchdog, that
Monday, after strong manufacturing data from the United States and China boosted hopes that major companies would benefit from rising demand in those markets, offsetting worries about the economic outlook for Europe. On Tuesday, however, the index of
Articles GIP is an investment fund founded by Credit Suisse and General Electric ...Consortia led by Carlyle Group and 3i were knocked out of the bidding last month, the sources said. "GIP, with its experience running UK airports, maybe has the edge .