8-Mar-2010 12:53 PM

Peel Group planning to sell majority stake in Peel Airports

UK’s Peel Group reportedly plans to sell a majority stake in its Peel Airports unit (Mail Online, 06-Mar-2010/Reuters, 07-Mar-2010). The sale could reportedly raise up to GBP200 million for the group, which reportedly plans to use capital from the sale will be used to fund a joint bid for ports company, Forth Ports.