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France's Vinci Airports to buy majority stake in London Gatwick for S$5 billion

BENGALURU (REUTERS) – Vinci Airports, part of France’s Vinci, will buy a 50.01 per cent stake in London Gatwick Airport for about £2.9 billion (S$5 billion), it said on Thursday (Dec 27).

The other 49.99 per cent of the second largest airport in Europe will be managed by Global Infrastructure Partners, Vinci said.

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