1-Jun-2010 11:18 AM

Peel Group close to selling majority stake in airports division

UK’s Peel Group is close to selling its majority stake in its airports division, Peel Airports, to Vancouver Airport Services (YVRAS) (Crain's Manchester Business, 31-May-2010). Peel Airports has ruled out selling any of its airports in their entirety. It owns Liverpool John Lennon, Durham Tees Valley and Robin Hood Doncaster Sheffield airports. YVRAS runs 18 small and medium-size airports and is owned by Citi Infrastructure Investors and the Vancouver Airport Authority.