France's Vinci in $3.7 billion swoop on UK's Gatwick airport

By Gilles Guillaume and Zuzanna Szymanska PARIS (Reuters) - France's Vinci is taking advantage of a Brexit hit to UK asset prices to buy a majority stake in Britain's second-busiest airport, London's Gatwick, for 2.9 billion pounds ($3.7 billion), the construction company said on Thursday. The deal to buy a 50.01 percent stake gives Vinci, which already runs 45 airports in 12 countries, access to the world's largest metropolitan aviation market and is part of the company's drive to expand its most promising businesses

from Latest News Business on Firstpost http://bit.ly/2AiWmuf