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Edinburgh airport sold for about £800m

Steve
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Edinburgh airport sold for about £800m

Quote
A deal has been struck to sell Edinburgh airport to the owner of Gatwick and London City airports in a deal worth about £800m.
Global Infrastructure Partnership (GIP) has beaten off competition from a consortium led by another infrastructure investor, J.P. Morgan Asset Management.
The operator BAA was ordered to sell either Edinburgh or Glasgow airports.
A full announcement is expected later.
Edinburgh Airport was put on the market by its owner BAA last October, after the Competition Commission ruled that it had to sell either Edinburgh or Glasgow.
The winning price, which is understood to be close to £800m, is considerably more than had been expected.

Last Updated At 12.32
8 REPLIES
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Re: Edinburgh airport sold for about £800m

It was only just last week I offered them 20 quid and a mars bar for it myself. Clearly it was a good offer too if someone had to bid £800m to secure it over my offer!
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198kHz
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Re: Edinburgh airport sold for about £800m

There you go - cutting it too fine - you should have made it two Mars bars.
Cheapskate!  Roll eyes
Not young enough to know everything
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Re: Edinburgh airport sold for about £800m

Is that the airport described as North Manchester by Ryanair?
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Re: Edinburgh airport sold for about £800m

GIP is an American company and they have done an excellent job of Gatwick since taking it over so Edinburgh may get the same treatment.  BAA has also been told to get rid of Stansted but this has not happened yet.  Hopefully it won'r be long as BAA have not been a good operator.
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Re: Edinburgh airport sold for about £800m

Of airports:-


made me laugh
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Re: Edinburgh airport sold for about £800m

Quote from: 4C
There you go - cutting it too fine - you should have made it two Mars bars.
Cheapskate!   Roll eyes

I fear you may be right!
Maybe I should of also chucked in a party bag of mini sized bars too?
I need a new signature... i'm bored of the old one!
198kHz
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Re: Edinburgh airport sold for about £800m

Whoa, steady on, that would look too much like bribery and corruption.
Not young enough to know everything
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Re: Edinburgh airport sold for about £800m

Well we all know that doesn't matter in the UK don't we?!  Wink
I need a new signature... i'm bored of the old one!