South Korea pension fund takes stake in Gatwick

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SOUTH KOREA/UK - The US private equity owner of Gatwick airport has confirmed that it will sell a 12% stake to South Korea's state pension fund.

It is believed that the deal will net Global Infrastructure Partners (GIP) a little less than £100m (US$160m). The sale of the holding to South Korea's National Pension Service (NPS) is part of ...

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