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Old 26th Jun 2013, 10:26
  #9 (permalink)  
wet wet wet
 
Join Date: May 2002
Location: UK
Posts: 145
Exeter joins Coventry!

Balfour Beatty has sold its majority interest in Exeter Airport to Rigby Group division Patriot Aerospace.

The sale of the 60 per cent stake is for an undisclosed sum and the proceeds of the deal are to be used to repay Balfour Beatty's funders. The company added that the carrying value of its investment had been written down to nil in 2012.
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