Stansted airport ‘interesting’ though bidding hasn’t started, Morrison and Co’s Fitzgerald says

Sun, 23 Sep 2012

Sept. 24 (BusinessDesk) – London’s Stansted airport is in an “interesting” market and has spare capacity though it is too soon to say a group led by Morrison & Co will bid for the business, the Wellington-based investment bank’s head of airports says. Morrison & Co executive director Airports Group Steven Fitzgerald was commenting on a report in the UK’s Telegraph that the firm has teamed up with the $19.7 billion New Zealand Superannuation Fund and Infratil to bid for Stansted. Fitzgerald declined to comment on whether there have been prelimi...

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