Ferrovial puts emphasis on retail at BAA

15-Nov-2006

UK. After conducting a strategic review of UK airports group BAA’s operations, new owner Grupo Ferrovial has decided to focus on the core UK market

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The decision had immediate consequences for travel-retail, with the dissolution of the Global Airport Services partnership between BAA subsidiary World Duty Free and Crossbar Associates (see Insight, page 11). But........

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(4-Dec-2007) - The company has finally verified that BAA owner Grupo Ferrovial has put it on the market following a strategic review of its non-core assets
(8-Nov-2006) - The new owner of UK airports group BAA has identified its travel retailer subsidiary World Duty Free as a core UK asset that is not for sale
(26-Nov-2006) - The Spanish group’s share price rose on Friday, boosted by speculation that Dufry Group is interested in acquiring BAA retail subsidiary World Duty Free
(30-Jul-2007) - BAA owner Grupo Ferrovial has announced rapid first-half profit growth and said it “continues to analyse” the possibility of selling World Duty Free
(8-Feb-2006) - Construction company Grupo Ferrovial has said it is considering an £8bn bid for the UK airports group