Australian Macquarie Groups Acquires 70% Stake in Biac

The Australian Macquarie Group will acquire a 70% stake in Biac, Brussels-Zaventem airport's management company, for 735 million euros ($948 million). Belgian Budget Minister Johan Vande Lanotte's team rejected rival proposals submitted by France's Vinci and Spain's Ferrovial. Macquarie, a fund...

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