Councils reveal their preferred buyer for international airport.

Yorkshire Evening Post (Leeds, England) | April 5, 2007 | Copyright

The five councils who have shares in Leeds/Bradford International Airport have announced their preferred buyer - Bridgepoint infrastructure fund which was involved in the privatisation of Birmingham International Airport.

Bridgepoint was chosen from a short list of five bidders, with Barclays Private Equity and Churchills Airport as the reserve bidder.

Both bidders have six working days to confirm their bid price and the sale is expected to be completed by the end of this month.

Each of the five councils - Leeds, Bradford, Wakefield, Kirklees and ...

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