SEPANG: Malaysia Airports Holdings Bhd group CEO Raja Azmi Raja Nazuddin says he is in the dark over purported talks between Khazanah Nasional and UK’s Gatwick Airport for the latter to acquire a stake in the airport operator.“I have no idea. I had never heard of it,” he told reporters after attending a ceremony today to welcome AirArabia’s inaugural flight to KLIA.MAHB group CEO Raja Azmi Raja Nazuddin.
The Edge Weekly reported that while Khazanah would not completely divest MAHB and Malaysia Airlines Bhd, sources had said that the fund is looking at strategic tie-ups through which it can pare its stake in these companies to partners who can manage them and increase their profitability and value. Vinci Airports manages the development and operations of 46 airports in the US, the UK, Japan, France, Sweden, Portugal, Serbia, Brazil, Chile, Cambodia, the Dominican Republic and Costa Rica, among others.