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Airport News - Asia / Pacific.


Jun 25, 2007

Auckland Airport

Auckland Airport is in stake sale talks after several shareholders in the firm rejected a buyout approach that valued the company at NZD NZD

In currencies, this is the abbreviation for the New Zealand Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
$3.8 billion (USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
$2.9 billion). New Zealand's biggest airport, which has regularly been the subject of takeover speculation, said the Canada Pension Plan The Canada Pension Plan (CPP) is a contributory, earnings-related social insurance program. It forms one of the two major components of Canada's public retirement income system, the other component being Old Age Security (OAS).  Investment Board (CPPIB) had approached certain shareholders to buy their stakes at NZD$3.10 each as a first step to a possible takeover offer. Auckland Airport said the approaches had been rejected by the shareholders, and that the Canadian pension group did not intend to make a takeover offer at this time. Jun 18, 2007

Macquarie Airports

Australia's Macquarie Airports (MAP) said on Monday it would consider acquisitions, or a share buyback or special dividend to return cash to shareholders from the EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
1.237 billion euro (USD$1.65 billion) sale of its Rome airport Rome Airport may refer to:
  • Leonardo Da Vinci International Airport- the city's main international airport
  • Ciampino Airport- the city's airport for budget airlines
 interests. MAP agreed to sell its 44.68 percent stake in Rome's main airport operator to Italian holding company Gemina over the weekend, a deal which will leave the acquisition-hungry investment fund cashed up for more investments. Jun 18, 2007

Thai Airways

Thai Airways said its board decided to cancel its contract to manage Shah Amanat International Airport Shah Amanat International Airport (IATA: CGP, ICAO: VGEG), named after an Islamic saint, serves Bangladesh's south-eastern port city of Chittagong. It was formerly known as MA Hannan International Airport but was renamed on 2 April 2005 by the Government of  in Chittagong "due to delay of handover n. 1. The act of relinquishing property or authority etc. to another; as, the handover of occupied territory to the original posssessors; the handover of power from the military back to the civilian authorities s>.  [of] the airport to Thai according to the contract." The carrier was supposed to take control more than a year ago. Jun 18, 2007

ZZ

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Publication:Airguide Online
Date:Jun 25, 2007
Words:327
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