- November 2011: Vol. 4, Number 10

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Alinda Pays $438 Million for BAA Stake


Connecticut-based Alinda Capital Partners has purchased a 5.88 percent stake in the U.K.-based airport operator BAA from the Spanish infrastructure group Ferrovial for £280 million.

Ferrovial announced that it sought to divest a 10 percent stake in BAA, which it bought for £10.3 billion in 2006. Alinda already controlled an unspecified minority stake in BAA, for which it paid $604 million in 2007. Other BAA shareholders include Britannia Airport Partners (26.48 percent), a vehicle managed by Caisse de dépôt et placement du Québec, and Government of Sing

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