from the report itself;
3.3 In addition to the three primary objectives idetified above, the five West Yorkshire districts have also identified two further objectives that need to be incorporated into the preferred transaction structure, namely:
- the name of the airport remains Leeds Bradford International Airport
- the Airport continues to operate as an internaitonal airport business
also of interest is the following paragraph which I presume is intended to disuade Peel or MAG from making a bid unless they are able to provide reassurance to the shareholders that competition issues will not be a problem. I would have though the likliehood of either Peel or MAG being able to provide such assurance in the timetable proposed is unlikely.
4.12 during the sale process, it is proposed that the five West Yorkshire Districts implement a transaction structure that allows for bids which give rise to competition issues to be managed effectively. It is proposed that bidders will be required to provide a certificate, or reasoned statement, with supporting evidence, demonstrating to the shareholders satisfaction that all competition clearances required are likely to be received, and that the impact of acquisition will not impact on competition issues in the market.
the full report can be read here (page 270 onwards)
http://www.leeds.gov.uk/moderngov/Published/C00000102/M00001102/$$ADocPackPublic.pdf