France's Vinci to take majority stake in London's Gatwick airport

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In a deal to be completed in early 2019, French concessions and construction giant Vinci has announced it will take a stake of 50.1 percent in the capital of London's Gatwick Airport, Britain's second-busiest hub for passenger traffic, adding to 46 other airports it already operates in Europe.

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French operator Vinci Airports is taking a majority shareholding in London Gatwick airport, under a new pact with Global Infrastructure Partners, reports Flight Global.