Stobart To Buy Southend Airport For Up To GBP21 Mln
Airport in south-east England from Regional Airports Limited for up to £21 million
the deal would be in line with its multi-modal transport strategy, which already
includes rail and sea operations.
Southern base and greatly enhanced our position as a leading point-to-point service
provider for customers in the UK and Europe who require fast and efficient services
by air as part of their logistics solutions.
said it would fund an initial £16 million payment from the £10 million net proceeds
from a placing and a £6 million loan.
and would come from existing facilities, it added.