Ferrrovial says to sell Belfast Airport to ABN

Sat Sep 6, 2008 11:56am BST
 
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MADRID (Reuters) - Spain's Ferrovial FER.MC said on Saturday it had reached a deal with ABN Amro Global Infrastructure Fund with the participation of Faros Infrastructure Partners to sell Belfast City Airport.

The sale for 132.5 million pounds would generate a capital gain of 85.6 million pounds, according to initial estimates, said Ferrovial in a statement. It hopes to close the deal at the end of the month.

(Reporting by Sarah Morris)

 

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