MAG considering Humberside Airport offers
26.10.08
The future ownership of Humberside Airport could be decided in the next few weeks, the Grimsby Telegraph reports. It says that several parties have expressed an interest in taking over the majority shareholding of the hub.
Six months ago Manchester Airport Group (MAG) announced it was reviewing its 82% stake in the airport. It bought the shares for £10m and has since invested a further £7m.
On Friday, the deadline for potential bidders to submit expressions of interest closed. A spokesman for MAG told the newspaper: ‘We are now in the process of looking at submissions and that will take 2 weeks.'
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