Advertisement
UK markets close in 5 hours 18 minutes

  • FTSE 100

    8,096.89
    +56.51 (+0.70%)
     

  • FTSE 250

    19,726.00
    +6.63 (+0.03%)
     

  • AIM

    755.20
    +0.51 (+0.07%)
     

  • GBP/EUR

    1.1666
    +0.0021 (+0.18%)
     

  • GBP/USD

    1.2514
    +0.0051 (+0.41%)
     

  • Bitcoin GBP

    50,960.67
    -1,982.75 (-3.75%)
     

  • CMC Crypto 200

    1,361.28
    -21.30 (-1.54%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CRUDE OIL

    82.78
    -0.03 (-0.04%)
     

  • GOLD FUTURES

    2,338.00
    -0.40 (-0.02%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • DAX

    17,983.75
    -104.95 (-0.58%)
     

  • CAC 40

    8,047.88
    -43.98 (-0.54%)
     
Stock:

Trending tickers

Microsoft, Google, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

BBA Aviation wins U.S. approval to buy Landmark Aviation

Reuters - UK Focus

WASHINGTON, Feb 3 (Reuters) - British aircraft services company BBA Aviation Plc (Other OTC: BBAVF - news) has won U.S (Other OTC: UBGXF - news) . antitrust approval to buy U.S. competitor Landmark Aviation, the Justice Department said on Wednesday.

The deal was valued at $2.065 billion when it was announced in September.

BBA, which is the parent of Signature Flight Support, agreed to divest fixed base operators assets, which supply fuel and other support to smaller aircraft, at six airports as a condition of antitrust approval, the department said.

The airports are Washington Dulles International Airport, Scottsdale Municipal Airport, Fresno Yosemite International Airport, Jacqueline Cochran Regional Airport in California, Westchester County Airport in New York and Ted Stevens Anchorage International Airport in Alaska.

Landmark is owned by private equity firm Carlyle Group LP , which purchased it in 2012. (Reporting by Diane Bartz; Editing by Marguerita Choy)