The London Eye is set for a £50 million cash injection after British Airways sold its stake in the top-selling attraction.
About 100 new jobs are expected to be created following the deal with The Tussauds Group, which acquired BA's one third stake for £100 million and its outstanding loan to the company.
The group also reached a settlement with Marks Barfield, the originators and architects of the Eye, to acquire its one third stake.
Tussauds intends to halve the debt for the Eye, the UK's most popular paid-for attraction with 3.7 million visitors, which spiralled to £175.2 million
