Extension for Edinburgh Airport bids

 
City A.M. Reporter
FERROVIAL-owned BAA will extend the bid deadline for its sale of Edinburgh Airport beyond the end of this week to give JP Morgan’s bidding group more time, according to sources close to the sale process.

Global Infrastructure Partners (GIP) – which owns London’s Gatwick and City airports – and a JP Morgan-led consortium are to fight each other for control of the airport.