GIC among buyers of 3 UK airports: report
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London
HEATHROW Airport Holdings (HAH) is set to sell three British airports for £1 billion (S$2.04 billion) to a group including Spanish infrastructure firm Ferrovial, Singapore sovereign fund GIC and Australian bank Macquarie, according to Sky News.
Quoting unnamed insiders, Sky News said on Friday that the investors would take equity stakes in the three airports - Aberdeen and Glasgow in Scotland and Southampton in southern England - in a deal which could be announced in days.
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