TBI, the property and airports company, is said to be on the verge of pulling out of talks to buy Coventry Airport which could jeopardise Parcelforce’s proposed £100m distribution centre next to the airport.
TBI is reconsidering the deal because of excessive demands by Coventry City Council. A formal announcement of the company’s withdrawal is expected imminently.
- The Sunday Telegraph Business 27/07/97 page 2
