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Gatwick sale: BAA is selling two yeas after it bought at the height of the market |
The upcoming sale of Gatwick Airport in the UK will be an interesting test of the true appetite for infrastructure assets in today’s market. Spanish infrastructure group Ferrovial was pushed into selling the airport following August’s Competition Commission ruling that it must divest three of its seven UK airports. In October it mandated HSBC and RBS to act as advisers to the sale along with law firm Freshfields.
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