Vinci Airports to Acquire Majority Stake in Gatwick Airport
27 Dicembre 2018 - 07:53AM
Dow Jones News
By Anthony Shevlin
Vinci SA (DG.FR) said Thursday that Vinci Airports will acquire
the majority shareholding in London's Gatwick airport.
Vinci Airports, a Vinci Concessions subsidiary, will acquire a
50.01% shareholding in the airport and the transaction is expected
to be completed in the first half of 2019, the company said.
The remaining 49.99% stake will be managed by Global
Infrastructure Partners, Vinci said.
The consideration payable for the majority stake is around 2.9
billion pounds ($3.68 billion), the French company said.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com;
@anthony_shevlin
(END) Dow Jones Newswires
December 27, 2018 01:38 ET (06:38 GMT)
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