London Gatwick owner Global Infrastructure Partners, which completed the acquisition from BAA last week (ATWOnline, Oct. 4), plans to sell a stake in LGW to an institutional investor. GIP said it would seek an "equity syndication" similar to the 25% London City share it sold to Highstar Capital, Bloomberg News reported. GIP partner Michael McGhee said GIP will focus "on the modernization and improvement of Gatwick," adding, "London City is a different animal, but a lot of the principles and ...

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