Three bidders left to buy Gatwick Airport

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Gatwick's sale is getting a lot of interest. Last week, Ferrovial chairman Joaquin Ayuso told an analysts' conference call that there were three bidders left in the race to buy London's Gatwick airport from BAA.
An American Airlines Boeing 777-200ER airliner...
"We had six bidders and there are now three remaining," he said, without providing further details.Who are these three bidders? This is the list I would give if asked:
  • Consortium formed by 3i Infrastructure, Ontario Teachers Pension Plan (OTPP) and the Canada Pension Plan Investment Board (CPPIB).
  • The Lysander Gatwick Investment Group, comprising Citigroup Infrastructure Investors, Vancouver Airport Services and the John Hancock Life Insurance Group.
  • Global Infrastructure Partners (GIP), a fund which has GE and Credit Suisse as its cornerstone. investors.
What do you think? Do you think the Babcock&Brown consortium is still in the race to get the second busiest airport in the United Kingdom?The sale is said to complete in 2009 first semester. It is obvious that it is going to be hit by the credit crunch and the slowdown in the number of flights.I am interested in knowing what you think about the sale, leave a comment if you want to share something with us. Or subscribe via email to get fresh information on the deal!

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