EUROPEAN COMMISSION CLEARS LUTON AIRPORT TAKEOVER
June 1st, 2018
THE EUROPEAN Commission has approved the acquisition of joint control over London Luton Airport Operations Ltd by AMP Capital Investors (UK) and Spain’s Aena Desarrollo Internacional. AMP Capital already controls Britain’s Newcastle International Airport and Leeds Bradford Airport; and Aena’s owner ENAIRE also manages airports – but the Commission, acting as the European Union competition regulator, has cleared the deal. In a note, the EU executive said it “would raise no competition concerns because of the limited impact it would have on the market”. ...
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