Abu Dhabi is part of a joint venture making a bid for a 50 per cent stake in Manchester airport, according to a report in the UK’s Sunday Times newspaper. The Manchester Airport Group plans to raise about US$1.6 billion by selling a 50 per cent stake to fund its bid to buy Londonbased Stansted airport. Among those interested in the stake are Australia-based Industry Funds Management, Hong-Kong-based Cheung Kong Holdings and a joint venture between UK-based investment firm 3i … [Read more...] about Abu Dhabi bidding for Manchester Airport