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Rumoured Sale of BIAL?


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55 minutes ago, Gregmal said:

If this is legit is thing not a pretty significant deal?

I guess that settles it.  Fairfax responded saying they have no intention of selling their interest in BIAL.  I thought I remembered us arriving at a more significant valuation a while back.  Maybe 4B on the high end.



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Yeah, there is no way they are selling BIAL unless it is some really stupid offer.  The airport is magnificent, but they also have like 460 acres of land around BIAL that they can develop over time.  BIAL is a long, long-term holding as the passenger growth is like 25-35% a year.  Cheers!

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