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View story 2 0 BAA sells Gatwick for £1.5bn to City Airport owner.UK http://www.ft.com/cms/s/0/f20fb84a-bdc6-11de-9f6a-00144feab4... Submitted by anxora 1 month, 1 week, 3 days, 13 hours ago The long-awaited break-up of the UK’s biggest airport group began on Wednesday after BAA reached an agreement to sell Gatwick to the owners of London City Airport for £1.5bn. The sale to Global Infrastructure Partners, which was approved late on Tuesday night by the Competition Commission, ends a tortuous process that started a year ago when BAA, a subsidiary of Spain’s Ferrovial infrastructure group, put Gatwick up for sale in an attempt to head off competition concerns about its market dominance. Tags: gip, gatwick, sale, ferrovial, baa, credit suisse, airports comment (0) | Category: United Kingdom | Add anxora as a source Comments Votes (my sources) Votes (Everyone) Add your comment Add your comment If you already have an account, sign in: Email address: Password: If you don't, just complete these fields: (or join PUBLIC PRIVATE PARTNERSHIP NEWS AGGREGATOR for free) Your name: Your site: (optional) Your comment: (You have up to 5000 characters left) Can you see the 5 most prominent letters/numbers in this image? (case insensitive) Please enter them here: « go back

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