BlackRock will not take part in Malaysia Airports privatisation: GIP

BlackRock will not take part in Malaysia Airports privatisation: GIP

FILE PHOTO: Travellers push their trolley past a logo of Malaysia Airports at the departure hall of Kuala Lumpur International Airport in Sepang, outside Kuala Lumpur August 26, 2013. REUTERS/Bazuki Muhammad/File Photo

Global Infrastructure Partners (GIP) said its buyer BlackRock will not be involved in privatising Malaysia Airports after criticism in Muslim-majority Malaysia over the US firm’s alleged ties to Israel.