newstodate.aero
Oct 24, 2005 (newstodate): Macquarie Airports today announced that it has launched a tender offer for Copenhagen Airports.
-Since our initial investment in Copenhagen Airports earlier this year, we have been increasingly impressed with the airport's existing operations and its potential. We now own 14.7 percent of the company and, if this offer is successful, Copenhagen Airports will become our third largest airport investment and further cement MAp's position as the world's leading strategic airport investor, says Kerrie Mather, Macquarie Airports CEO.
Further details will be revealed at a press conference in Copenhagen later today.
The Danish State currently holds a 39.2 percent interest in CPH. Completion of the tender offer is not dependent upon acceptance of the Tender Offer by the state that, in discussions earlier in 2005, informed MAp that it did not wish to sell its shares.
-Since our initial investment in Copenhagen Airports earlier this year, we have been increasingly impressed with the airport's existing operations and its potential. We now own 14.7 percent of the company and, if this offer is successful, Copenhagen Airports will become our third largest airport investment and further cement MAp's position as the world's leading strategic airport investor, says Kerrie Mather, Macquarie Airports CEO.
Further details will be revealed at a press conference in Copenhagen later today.
The Danish State currently holds a 39.2 percent interest in CPH. Completion of the tender offer is not dependent upon acceptance of the Tender Offer by the state that, in discussions earlier in 2005, informed MAp that it did not wish to sell its shares.