Carlyle Group & 3i drop out of Edinburgh Airport contest

Posted: March 24, 2012 in Edinburgh Airport
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[Financial Times] The ranks of bidders for Edinburgh Airport have halved this week, with two groups of investors dropping out of the contest for an asset expected to raise £400m-£600m for its owner, BAA.

The sale of Scotland’s biggest airport attracted four indicative offers last month. But a consortium led by UK-listed 3i has withdrawn from the process, following close behind a group led by Carlyle, the US group …..

More on this story at the FT…..

Financial Times
24th March, 2012

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