Gatwick Sold Off in Pounds 1.5bn Deal

Summary


BRITAIN'S second-biggest airport will have new owners within weeks after a Pounds 1.51 billion deal announced yesterday.

Gatwick's current operator BAA, heavily criticised for its stewardship of the West Sussex airport, said it had reached an agreement with US-based investment fund Global Infrastructure Partners (GIP).

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Extract


Gatwick Sold Off in Pounds 1.5bn Deal

GIP, which already owns London City Airport which handles around 32 million customers a y...

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