JPMorgan Chase & Co. (JPM)’s infrastructure fund and Global Infrastructure Partners Ltd. are bidding for BAA Ltd.’s Edinburgh airport, the Financial Times reported, citing unidentified people.
Consortiums led by 3i Infrastructure Plc (3IN) and Carlyle Group withdrew from the process after making indicative offers last month, the newspaper said. BAA, a unit of Spain’s Ferrovial SA (FER), may make between 400 million pounds ($635 million) and 600 million pounds from the sale, the FT said.
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