TBI Sold to Spanish Construction Company
As I was heading out the door this morning, BBC Breakfast News was announcing that TBI has agreed a takeover by a Spanish Construction company. Reuters are reporting it is Abertis. Bloomberg are more specific about it being Airport Concessions and Development Limited which is 90% owned by Abertis and 10% by AENA, the state owned (I think) operator of Spanish airports.
At first I presumed the BBC meant Ferrovial which would have been interesting. Anyway, it's not, but is still interesting- I don't know much about Abertis.
Last edited by ClickRich; 24th November 2004 at 08:15.