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Macquarie Group threatens to walk away from MAp deal

28-Sep-2009 12:05 PM

Macquarie Group has reportedly threatened to walk away from the AUD345 million (USD297 million) deal to internalise the management of Macquarie Airports (MAp) if the shareholder vote on 30-Sep-2009 is delayed by Global Airports (GAp) (The Australian, 28-Sep-2009). GAp will continue a hearing at the NSW Supreme Court today in an attempt to delay the shareholder vote.