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Gatwick owner strikes £1.3bn deal for Edinburgh airport

The French owner of Gatwick has struck a £1.3 billion deal to buy a majority stake in Edinburgh airport from its American private equity owner.

Vinci is taking a 50.01 per cent stake in Scotland’s busiest airport from Global Infrastructure Partners (GIP), which has held the site since buying it for £807 million from BAA in 2012.

GIP will retain the remaining 49.99 per cent stake and said it would form a strategic partnership with Vinci for the “next chapter” in the site’s growth and development. The deal is expected to be finalised in the summer after regulatory approval.

Vinci is one of the world’s biggest private airport operators, with more than 70 locations in 13 countries. It took over Belfast International in 2018 as

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