Runner up
Do we know the runner-up to Bridgepoint?
To be honest, a little disappointed, without knowing who the 2nd preferred bidder is I feel the true investment that the Airport needs will probably not come from Bridgepoint.
Sorry to say this but from a cash point of view, the councils will go for the highest bidder and not from an investment point of view
Bridgepoint has too many investments for my liking, as quoted from their website -
"Depth of experience in buying and selling businesses (Mmmmm...)*
In the last 10 years alone, we have completed over 150 transactions with a total value of €18 billion and in the last five years have sold businesses allowing us to return over €5 billion to our investors. Bridgepoint companies currently employ over 70,000 people across Europe with a combined turnover of €6 billion. "
I can't help feeling this is a bad move for the airport, Bridgepoint is too complex and diversifies in too many areas but if the sale does complete to Bridgepoint,time will only tell.
Mmmmmm.....