We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Taking the weight off

10 October 2011 By Fiona Maharg-Bravo

The Spanish construction firm has sold a small stake in airport group BAA at a big price. The value put on BAA by the 325 mln euro deal is more than double consensus. And giving up majority ownership will deconsolidate 14 bln euros of debt. At last, BAA is no longer a drag.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)