December 27, 2018 / 6:31 AM / 21 days ago

France's Vinci Airports to buy majority stake in London Gatwick for $3.7 bln

Dec 27 (Reuters) - Vinci Airports, part of France’s Vinci , will buy a 50.01 percent stake in London Gatwick Airport for about 2.9 billion pounds ($3.67 billion), it said on Thursday.

The other 49.99 percent of the second largest airport in Europe will be managed by Global Infrastructure Partners, Vinci said. ($1 = 0.7903 pounds) (Reporting by Zuzanna Szymanska; Editing by Sai Sachin Ravikumar)

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