Bristol Airport up for sale
Comments (Checking...)
The owners of Bristol Airport are thought to be seeking a buyer in a bid to raise cash.
Australian bank Macquarie is sounding out potential buyers for the airport, according to reports.
The debt-laden bank has infrastructure investments around the world but is trying to sell a number of assets to meet refinancing payments.
Macquarie and Cintra, a subsidiary of Spanish group Ferrovial, bought the airport for £198 million in 2001 and in 2006 Macquarie purchased Ferrovial's 50 per cent stake for 158 million Euros.
Possible bidders include Prudential’s M&G Group Plc and Fortis, which recently bought Belfast’s George Best airport.
Passenger traffic at Bristol Airport was more than six million last year.