Ferrovial consortium said to be closing in on £1 billion airports deal - part 2

Regular readers shouldn't be surprised to learn that the owners of Heathrow have just sold Aberdeen, Southampton and Glasgow airports to a consortium comprising Spain's Ferrovial and Macquarie for £1 billion.

That's because little old Betaville reported on Tuesday the deal was likely to be formally announced by the end of this week.

Ferrovial consortium said to be closing in on £1 billion airports deal

Here is an interesting snippet on the sale of three airports by Heathrow Airport Holdings.

I have been told that the consortium comprising Spain's Ferrovial, Australia's Macquarie and Singapore fund GIC are close to finalising the £1 billion acquisition of Glasgow, Aberdeen and Southampton airports.