It has been announced this week that 3i, the international investment management company, has taken ownership of Belfast City Airport in a deal that was originally announced at the end of last year.
3i are acting as fund managers for the deal, which is a part of a larger project for the acquisition of assets owned by the EISER Global Infrastructure Fund, including the airport.
Before the deal could go ahead, approval was required from the European Commission under the guidance of terms set out in the EU Merger Regulation. Approval has now been realised, and the deal for the Belfast City Airport finalised.
The identity of the new owners has not yet been made public.