That being you dont know the details behind the acquisition therefore, even though you can pluck out soundbites like 'increase dividends' and 'drive current financial performance', doesnt really answer any of your own, or anyone elses questions at the minute
Pug, you're the one telling me it's been done because of profit and yet you don't "know the details behind the acquisition" !!
Yet again: why do the council tax payers of Manchester want to own an airport in Essex?
Due dilligence will have been practiced, and shareholders consulted. We have to therefore put faith in the fact that MAG know what they are doing before taking such a risk.
Is this the same MAG that paid £17m for Humberside then sold it for £2.3m. They should not be allowed near acquisitions until the current house is producing meaningful returns to local councils & taxpayers.
MAG sells its majority stake in Humberside Airport - Manchester Evening News