Asian tycoon linked to MAG stake
25th June 2012
A BUSINESS owned by Asia's richest man, Li Ka-Shing is reportedly the major contender to be Manchester Airports Group's new partner/investor.The Sunday Times said Mr Ka-Shing's Cheung Kong Infrastructure Holdings is the main interested party in buying a stake in MAG.MAG, which operates East Midlands, Bournemouth and Humberside airports as well as flagship Manchester, wants to raise as much as £1bn to fund a bid for Stansted airport - currently owned by BAA.The newspaper said it would set up a joint venture with any investor t......for the full story register now for free or login below...
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