Regulator issues warning over battle for BAA

Author (Person)
Series Title
Series Details 25.2.06
Publication Date 25/02/2006
Content Type

The UK's Civil Aviation Authority, the economic regulator for the four leading UK airports, warned on 24 February 2006 that a highly leveraged takeover of BAA could leave BAA with an excessive debt burden and an inability to maintain its present high level of capital expenditure.

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