UK Government is considering plans to sell half its stake in NATS to pay down a deficit with the Government to either keep its stake at 49%, cut it to 25% or sell the entire stake but retain a golden share (Reuters, 07-Jun-2010). The Government is said to be weighing up the options of conducting either an IPO or a private sale.
UK Government considers sale of half its stake in NATS
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The Global Airport Development (GAD World) conference was held in Lisbon, between 29-Nov and 01-Dec-2016. This CAPA report chronicles the presentations and debates that took place on the first two days, including selected ‘stream’ sessions on both days.
There was, inevitably, a political overlay to the event, with the (Jun-2016) UK referendum on continuing membership of the European Union (‘Brexit’), the (Nov-2016) election of President Trump in the US and associated ‘uncertainty’ dominating events.
Otherwise, the concern was, as always, the ‘pipeline’ of airport privatisation details, or rather the lack of them, while the hope was for the continuation of the trend towards PPP deals.