LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Companies News

French construction group Vinci to buy majority stake in London's Gatwick airport for $3.67 bn

French construction group Vinci is buying a 50.01 percent stake in London`s Gatwick airport, for about 2.9 billion pounds ($3.67 billion).

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
French construction group Vinci to buy majority stake in London's Gatwick airport for $3.67 bn
French construction group Vinci is buying a 50.01 percent stake in London`s Gatwick airport, for about 2.9 billion pounds ($3.67 billion). Source: Reuters
Written By: Reuters
Updated: Thu, Dec 27, 2018
12:55 pm
Reuters
RELATED NEWS
Gatwick airport says has suspended runway again after drone reports Gatwick airport says has suspended runway again after drone reports
UK's Gatwick Airport runway reopens after drone chaos UK's Gatwick Airport runway reopens after drone chaos
Aviation: Going to UK? Beware, flights have been suspended at this airport Aviation: Going to UK? Beware, flights have been suspended at this airport

French construction group Vinci is buying a 50.01 percent stake in London`s Gatwick airport, for about 2.9 billion pounds ($3.67 billion) it said on Thursday. The deal would make Gatwick the single largest in Vinci`s airport network, which would grow to 46 airports spanning 12 countries, the company said.

"The transaction represents a rare opportunity to acquire an airport of such size and quality," it said in a statement. The deal follows Vinci`s acquisition earlier this year of the airports management portfolio of Airports Worldwide, which allowed it to enter the United States and expand in Europe.

The other 49.99 percent of London Gatwick will be managed by Global Infrastructure Partners, Vinci said. Gatwick made headlines last week after three days of drone sightings caused chaos at Britain`s second busiest airport and forced it to close its runway, in what is thought to be the most disruptive incident of its kind.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Gatwick airportLondon
RELATED NEWS
Gatwick airport says has suspended runway again after drone reports Gatwick airport says has suspended runway again after drone reports
UK's Gatwick Airport runway reopens after drone chaos UK's Gatwick Airport runway reopens after drone chaos
Aviation: Going to UK? Beware, flights have been suspended at this airport Aviation: Going to UK? Beware, flights have been suspended at this airport
British Airways resumes flights from London after IT outage causes chaos British Airways resumes flights from London after IT outage causes chaos
British Airways cancels all flights from London after IT system failure British Airways cancels all flights from London after IT system failure

LATEST NEWS

Stock Market Outlook: Nifty, Bank Nifty crucial levels REVEALED; Anil Singhvi explains key reasons behind massive fall

Covid 19 2nd phase vaccination drive from March 1: EXPLAINED! Who are eligible, required photo identity, advance self-registration—All you need to Know

Pensioners ALERT: RUSH! Last date to submit digital life certificate tomorrow—Avail doorstep service from SBI, PNB, BoB and other banks

Bank Holidays March 2021: RBI says banks will remain closed on these many days next month

Petrol, diesel prices on February 27: Fuel prices hiked again today—check rates in your cities

ISRO First Mission in 2021: Indian rocket to launch Brazilian satellite, PM Modi picture on spacecraft, space privatisation and more

IIT Bombay releases GATE 2021 answer key—This is how you can check and raise objection

7th Pay Commission Latest News: Check out these vacancies notified by UPSC; salary up to Rs 1,77,500 plus DA and other allowances

Google fires 150 game developers hired for Stadia: Report

CBSE exam 2021: Class 10, 12 students should know THESE 10 points before appearing for board exams

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved