BAA sells Gatwick for US$2.5 billion

UK airports operator, BAA, owned by Spanish construction firm Ferrovial, agreed to sell Gatwick Airport to investment fund Global Infrastructure Partners for 1.5 billion pounds (US$2.46 billion) on Wednesday, as part of a competition ruling that it must offload three British airports in total.


BAA Ferrovial Gatwick Airport Global Infrastructure Partners


UK airports operator, BAA, owned by Spanish construction firm Ferrovial, agreed to sell Gatwick Airport to investment fund Global Infrastructure Partners for 1.5 billion pounds (US$2.46 billion) on Wednesday, as part of a competition ruling that it must offload three British airports in total.