No returns soon on Ferrovial's BAA investment
The largest airport takeover in the world to date is yet to
return a profit and will remain this way for a few years to come. That’s
the word from Grupo Ferrovial, the Spanish construction company that acquired
BAA last year for GBP10.1 billion, while expects BAA to break even only from
2010 and make a positive contribution from 2011.
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