8-Feb-2010 2:42 PM

Abu Dhabi Investment Authority purchases stake in London Gatwick Airport

UK’s London Gatwick Airport owner, Global Infrastructure Partners (GIP), reportedly sold a 15% stake in the airport to Abu Dhabi Investment Authority, for approximately GBP125 million (Bloomberg, 05-Feb-2010). South Korea’s National Pension Service also purchased a 12% stake in the airport last week for GBP100 million. GIP plans to maintain a majority stake in Gatwick.