May
22
BAA confirms sale of World Duty Free
Filed Under (airport news) by Paula on 22-05-2008

BAA has confirmed that it has completed the sale of World Duty Free Europe Limited to Augtogrill SpA for $546.6m plus £15.75m in accrued interest.

BAA, which owns and operates seven UK airports including Heathrow and Gatwick, sold World Duty Free as part of its ongoing non-core asset disposal program.

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