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Copenhagen Airports is preferred bidder for 49% stake in UK airport.

NORDIC BUSINESS REPORT-27 March 2001-Copenhagen Airports is preferred bidder for 49% stake in UK airport(C)1994-2001 M2 COMMUNICATIONS LTD http://www.m2.com

The Danish airport operator Copenhagen Airports A/S has been declared the preferred bidder for a 49% stake in the UK's Newcastle International Airport Ltd.

Negotiations are said to be underway and Copenhagen Airports is expected to make its final decision whether or not to proceed with a public-private partnership towards the end of April 2001.

A deal between Copenhagen Airports and Newcastle International Airport would include a long-term technical services agreement.

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

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Title Annotation:Newcastle International Airport Ltd.
Publication:Nordic Business Report
Article Type:Brief Article
Geographic Code:4EUDE
Date:Mar 27, 2001
Words:108
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