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Tag Archives: Morrison & Co

Infratil is selling Manston, but wants to buy Stansted. Why?

In March 2012, Infratil announced that Manston was up for sale because it wanted to “refocus its investment profile” and concentrate on retail, production and supplying gas and electricity. What they didn’t mention in their press releases was that Manston had lost them money hand over fist ever since they bought it. In the previous couple of years Infratil had …

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Rival group enters battle for Stansted airport

A consortium led by an Australasian investment manager has emerged as an early rival to Manchester Airports Group in the £1bn battle for Stansted airport. Morrison & Co, which operates out of New Zealand, Australia and Hong Kong, is heading a bid team that also includes the New Zealand Superannuation Fund and Infratil, a Wellington-based infrastructure investor. Stansted was finally …

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