Posted AT 10:38 AM EST on 20/08/08
BAA must sell three airports
LONDON — Spain's Ferrovial must sell three of the seven British airports it bought for £10-billion ($18-billion U.S. ) two years ago under a tougher-than-expected ruling on Wednesday.
Two must be in London – meaning Heathrow, Gatwick or Stansted – and one in Scotland, said the U.K. Competition Commission, which will decide which ones go early next year.
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