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Four bids for Edinburgh airport
Ferrovial, the owner of British airports operator BAA, has produced a four-strong shortlist of bidders for its Edinburgh airport and will accept final offers in early April, according to reports. Global Infrastructure Partners, JP Morgan Asset Management and consortia led by Carlyle Group and 3i are believed to have made the cut. BAA is being forced to sell the airport in the wake of a competition ruling. Analysts say it is worth £500m-£700m.