Bloomberg News

JPMorgan, GI Partners Bid for Edinburgh Airport, FT Says

March 24, 2012

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.

To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net


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