Singapore News

News from Singapore

Singapore Airport contemplates acquisitions

Posted by jtsmyth8 on November 8, 2007

Singapore’s Changi Airports International is keen on a stake in Abu Dhabi’s international airport and is also eyeing two smaller terminals in China for takeover, its chief told Reuters today.

Changi Airports clinched an 18-month contract to operate the Abu Dhabi government-owned airport in December, and is angling to turn this into equity as authorities have said the airport was likely to be privatized by next year. (story)

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