BAA STATEMENT: RE LYNTON.LONDON--(BUSINESS WIRE)--January 11, 1999--BAA plc, the UK-based airport company, today confirmed, in response to media speculation, that it is considering the potential benefits of a demerger demerger n (Comm) → Abspaltung f, Demerger m of Lynton, its specialist airport related property business, and whether such a proposal would strengthen the focus of BAA's management and financial resources on its core airport business. The company stresses that at this stage it has not yet taken a decision to proceed with this proposal. BAA Baa See BBB. ordinary shares trade on the London, and Australian Stock Exchanges Australian Stock Exchange (ASX) Australia's major securities market, formed when the six state stock exchanges (Adelaide, Brisbane, Hobart, Melbourne, Perth, and Sydney stock exchanges) were merged in 1987. ; prices may be accessed on Bloomberg Bloomberg A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. under the symbol BAA LN, on the Reuter Equities 2000 Service under BAA.L and on Quotron under BAANU.EU. BAA ADRs, each equal to one ordinary share, appear on the pink sheets under BAAPY. Additional information is available on BAA's home page: http://www.baa.co.uk. |
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