Bradin
Topic Author
Posts: 294
Joined: Wed Jun 15, 2016 5:12 am

Gatwick airport: majority stake sold to French group

Thu Dec 27, 2018 7:45 pm

New owner says Brexit threat helped Vinci get 50.01% stake in UK’s second-busiest airport for ‘reasonable’ £2.9bn

https://www.theguardian.com/business/20 ... ench-group
 
ELBOB
Posts: 295
Joined: Sun Jun 21, 2015 6:56 am

Re: Gatwick airport: majority stake sold to French group

Thu Dec 27, 2018 10:43 pm

Notably the article failed to mention that Vinci already own one UK airport, Belfast International. But I suppose that might have interfered with the Brexit narrative.
 
EChid
Posts: 547
Joined: Fri Nov 03, 2017 4:00 am

Re: Gatwick airport: majority stake sold to French group

Thu Dec 27, 2018 10:51 pm

ELBOB wrote:
Notably the article failed to mention that Vinci already own one UK airport, Belfast International. But I suppose that might have interfered with the Brexit narrative.

I'm not sure how that would have interfered with the Brexit narrative. Ownership of Belfast International would not affect the sale price of a Gatwick in any foreseeable way. They simply claimed that qualms relating to Brexit helped lower the purchase price, which seems reasonable.
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