Abertis sells London's Luton for 502 million euros

MADRID Thu Aug 1, 2013 2:01am EDT

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MADRID Aug 1 (Reuters) - Spanish infrastructure firm Abertis said on Thursday it has sold its stake in London's Luton airport to a consortium led by Spanish airports operator Aena and the private equity arm of French insurance giant AXA for 502 million euros ($667 million).

Abertis held a 90 percent stake in Luton through the TBI holding company, in which Aena already held 10 percent.