Can TikTok's owner afford to lose its killer app?
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Edinburgh Airport majority stake bought by French Gatwick Airport owner VINCI for £1.27 billion
One of the world’s leading private airport operators has acquired a majority stake in Edinburgh Airport for a reported figure of £1.27 billion. French firm VINCI Airports operates more than 70 airports in 13 countries, including London’s Gatwick Airport and Belfast International. Global Infrastructure Partners (GIP) has agreed to sell a 50.01 per cent stake to VINCI, and said it will retain the remaining 49.99 per cent stake and form a strategic partnership with VINCI to “continue to support...