Private investment firm Ardian will divest its 49% stake in Luton Airport from its $67 billion portfolio, after reaching an agreement to sell to the shares to global investment manager AMP Capital. Ardian confirmed the divestment in an April 24 statement. Since Ardian acquired 49% of Luton in 2013, more than £160 million ($223.3 million) has been invested in the north London Airport. Over that time, passenger numbers have grown from 9.7 million to 15.8 million in 2017, making Luton ...

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