BAA to fight airport sell-off through judicial review

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UK airports operator BAA today confirmed that it will seek a judicial review of the Competition Commission's decision that it must sell London Stansted and either Edinburgh or Glasgow airport.

BAA said it will submit its application for a judicial review to the Competition Appeal Tribunal tomorrow.

The Competition Commission in July rejected BAA's arguments that there had been "material changes of circumstances" since its previous conclusion that BAA - which has already sold London Gatwick - should divest two more airports.

Following the July ruling, BAA said that "being forced to sell airports in a difficult market could destroy shareholder value".