from today's Crain's Chicago Business (3/17):
Investors circling Midway
By: Paul Merrion March 17, 2008
"Some of the world's biggest investors are lining up to land at Chicago's Midway Airport — a level of interest that increases the likelihood Mayor Richard M. Daley will get the $2.5 billion to $3.5 billion experts believe the city could garner by privatizing the airport.
At least six teams of airport operators and investment banks have formed to bid on the city's proposed long-term lease of the Southwest Side airfield, according to market sources and several firms involved.
Except for a group anchored by an arm of the Houston Airport System, and another headed by Washington, D.C.-based private-equity firm Carlyle Group and J. P. Morgan Asset Management, the other known teams involve foreign airport operators and a mixture of U.S. and foreign investment banks." ...
for the complete story
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