The CC's inquiry chairman Christopher Clarke said it was likely that BAA
would be given the opportunity "to hold on to Heathrow".
And Mr Clarke said it was likely BAA
would be given the opportunity to hold on to Heathrow.
Yesterday's results from BAA
will be closely looked at by the Competition Commission in the expected inquiry into BAA
's ownership of airports in the UK.
UBS Investment Bank ("UBS") is acting for BAA
and no-one else in connection
said the proposal represented an attractive price for the company, who own seven sites including Heathrow, Gatwick, Edinburgh, Glasgow and Aberdeen.
The fact that BAA
is already regulated indicates that the Government recognises its dominant position.
Those interested in more information about the outreach event on June 16, 2010 may call BAA
Boston at 617-567-8881 or e-mail v_valley@baausa.
also runs Heathrow, Southampton and Aberdeen airports.
The title BAA
plc was adopted when the former publically-owned British Airports Authority was privatised in 1986.
decision ends a process which began as far back as March 2007 when the Office of Fair Trading referred BAA
airport services to the CC.
After that latest loss, BAA
said it would appeal to the Supreme Court but yesterday the Spanish-owned company signalled an end to its fight to hang on to Stansted.
Ryanair welcomes today s rejection by the Court of Appeal of the BAA
s 7th appeal against the sale of Stansted, as first recommended by the UK Competition Commission back in 2008, over four years ago.