Gatwick sale

GATWICK AIRPORT, part of BAA Ltd owned by Spain's Grupo Ferrovial, could soon be sold according to a report by Reuters News Agency.  A consortium led by Global Infrastructure Partners (GIP) is said to be close to buying London's second international gateway for up to €1.8bn.  Ferrovial put the airport up for sale last year pre-empting an instruction by the Competition Commission to do so.  GIP owns London City Airport.  It is thought that an announcement is imminent and will be made prior to a commission hearing due 19 October. www.global-infra.com

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