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Farewell Rome, hello Auckland?

18-Jun-2007

As it was much speculated, Macquarie Airports (MAp) has finally

agreed to sell its 44.7% shareholding in Aeroporti di Roma (AdR) to Gemina for

EUR1.2 billion. The move leaves MAp with four airport investments (Sydney, Copenhagen,

Brussels and Bristol) and a large amount of capital that could be either returned

to shareholders or invested elsewhere. According to MAp CEO, Kerrie Mather,

MAp is "well placed" to continue to participate in the privatisation

of airports globally, and “we see substantial future in this area”.

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