Edinburgh Airport majority stake bought by French Gatwick Airport owner VINCI for £1.27 billion
www.edinburghnews.scotsman.com -

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...

In related news