PE-backed Porter nearing sale of Toronto airport terminal: Reuters
The parent of Porter Airlines is nearing the sale of a passenger terminal it operates at Toronto's Billy Bishop Airport, sources told Reuters. One source said at least two separate bids are expected this week from pension fund manager Alberta Investment Management Corp (AIMCo) and Macquarie Group Ltd. Porter is backed by Edgestone Capital Partners, OMERS Strategic Investments, GEAMI and Dancap Private Equity.
16 December 2014•2 mins read
