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MAG assesses expansion options

02 March 2012
 

Manchester Airport Group is considering growth options including seeking a private equity partner to finance expansion. A bid for BAA’s Edinburgh or Stansted airport are among the possibilities being considered by MAG which is 55% owned by Manchester City Council with Greater Manchester’s other nine councils each holding a 5% stake. MAG operates Humberside and East Midlands airports, as well as Manchester Airport.

“With major developments ahead, including the £650m...

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