Vinci seals deal for majority stake in Gatwick airport

French construction and transport concession group Vinci Tuesday sealed a deal to take a majority stake in Britain's second biggest airport London Gatwick. Vinci formally completed its GBP2.9b deal to buy a 50.01% stake in the airport, which was first announced last December The company took advantage of a Brexit-related hit to UK asset prices to buy the stake in Gatwick. Vinci Airports president Nicolas Notebaert said he did not think that Brexit would change Gatwick's prospects, given strong demand from tourists to travel to London and the number of people who live in Gatwick's catchment area. "We know there is a long list of (airlines) waiting to get slots, we know the passengers within London need to travel," Notebaert said, adding that an economic hit from a disorderly Brexit was unlikely to change that. <br/>