27-Nov-2009 9:34 AM

Commission approves acquisition of Gatwick Airport by Global Infrastructure Partners

European Commission cleared (26-Nov-2009), under the EU Merger Regulation, the proposed acquisition by Global Infrastructure Partners (GIP) of the UK's Gatwick Airport Limited from BAA. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it. [more]