23-Feb-2009 11:08 AM
Macquarie Airports to support Sydney Airport's "deleveraging" - share wrap
Analysis
Macquarie Airports' (MAp) shares nosedived a further 6% in morning trade today (following Friday's 6.2% fall), following an announcement it would cancel its AUD1 billion (USD645 million) share buy-back scheme and instead join other Sydney Airport shareholders in the airport's plan to reduce its debt load. MAp has an effective total 72.1% interest in Sydney Airport.
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