Financial Times FT.com

Ferrovial starts clock in race for Gatwick

By Kevin Done, Aerospace Correspondent

Published: December 5 2008 20:40 | Last updated: December 5 2008 20:40

Spain’s Ferrovial has started a race against time to complete the sale of London Gatwick airport, calling for indicative bids by January 19.

The first potential bidders received the information memorandum for the controversial sell-off, which could command bids of about £2bn, this week.

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