SYDNEY (XFN-ASIA) - Macquarie Airports said Macquarie Airport Group (MAG), together with Dublin Airport Authority Plc (DAA), are considering disposing of their combined 48.25 pct interest in UK's Birmingham Airport through a joint sale process.
MAG and DAA each indirectly hold a 24.125 pct interest in the UK airport.
Macquarie Airports through its investment in MAG holds a 15.5 pct interest in the airport.
It said a sale will depend on the quality of offers that might be received.
bruce.hextall@xfn.com