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Old 26th Sep 2001, 19:12
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PAXboy
Paxing All Over The World
 
Join Date: May 2001
Location: Hertfordshire, UK.
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Today's Independent (London) reports that Dermot Desmond, the Irish entrepreneur, who owns London City Airport (LCY) emerged as a potential suitor for TBI after Vinci walked away from their bid.

Desmond incresed his company's (Crossbill) stake in TBI to 5%. Vinci have said that they "have no current intention" of selling the 14.9% in TBI that they built up during the bid.
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