The company formerly known as BAA is to sell Stansted airport to the Manchester Airports group for £1.5 billion.
The deal, announced late this evening, will mean that BAA - now known as Heathrow Airport Holdings - will be responsible for just four UK airports compared with its original seven.
The remaining ones are Heathrow, Southampton, Aberdeen and Glasgow.
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Sleet and snow overnight in some parts of the Anglia region leading to some settled snow. Wintry showers on Saturday.
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Cloudy skies with a southeasterly breeze picking up and rain reaching western counties by dusk, perhaps snow in places later.