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Sold: George Best Belfast City Airport has a new owner

By Margaret Canning

George Best Belfast City Airport has been sold as part of a package of UK and European assets.

EISER Finance Ltd is selling the assets to 3i funds, managed by 3i Investments plc.

It’s understood the sale will have no impact on the day-to-day running of the airport.

As well as George Best Belfast City Airport, the deal also includes gas transporter and electricity network East Surrey Pipelines.

EISER Global Infrastructure Fund (EGIF) is also selling assets in Italy and Spain as part of the deal, which is worth an undisclosed sum.

The sale is the latest in a string of big deals affecting Northern Ireland businesses this year. 

This week, Thompson Aero Seating was sold to Chinese state-owned business AVIC.

The first six months of the year also saw the completion of the sale of TV broadcaster UTV Ltd to ITV and the sale of the radio stations in UTV Media plc, which rebranded as Wireless Group, to News Corp.

Online bike accessories retailer Chain Reaction Cycles was taken over by rival Wiggle.

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