Macquarie Airports cuts ties with parent(2)
MAp is to internalise its management in a push to attract a wider range of investors to the fund. As part of the deal, its external manager, Macquarie Group, which has earned A$547m in fees from MAp since 2002, will receive 150 million new MAp securities for A$345m.
16 January 2013•3 mins read
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