Heathrow Airport Holdings will sell off Aberdeen, Glasgow and Southampton airports to a consortium of Ferrovial and Macquarie in a deal worth £1.048 billion ($1.68 billion). The long-awaited sale, announced Oct. 16 and subject to European merger regulations, and is expected to close in 2015. Ferrovial Aeropuertos SAU, a Ferrovial subsidiary, and Macquarie’s Infrastructure Fund 4 have teamed up to purchase the airports. Each firm has a 50% stake in the deal. Ferrovial owns the ...

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