Ferrovial sells stake in Bristol Airport

Spanish construction company Grupo Ferrovial said today that it sold its 50% stake in the UK’s Bristol Airport to Australia’s Macquarie Bank for £106m (€157.1m), while postponing the planned sale of a stake in Sydney Airport.

Ferrovial earlier this year signed options agreements committing it to sell its share of Bristol Airport as well as a 20.9% stake in Australia’s Sydney Airport to Macquarie Airports, a unit of Macquarie Bank.