Kuwait is interested to buy London City Airport
London City Airport has been put up for sale by Global Infrastructure Partners.The sovereign wealth fund of Kuwait is teaming up with Ontario Teachers’ Pension Plan and Hermes to bid for the airport, while Macquarie is leading a rival consortium.
One of the world’s biggest sovereign wealth funds is part of a consortium that is plotting a bid for London City Airport, which has been valued at £2bn.
Wren House Infrastructure Management, which is an investment vehicle owned by the Kuwait Investment Authority; Canadian giant Ontario Teachers’ Pension Plan; and investment firm Hermes have teamed-up to make an offer for the airport, according to sources in the infrastructure sector.
The KIA is the world’s fifth largest sovereign wealth fund with some $592bn in assets.
Source : Telegraph
Kuwait News
- Events in Kuwait
- Indian Bangara & Gidha Group Performance , Kuwait
- Moiseyev Ballet in Kuwait
- Conference : Women and Social Change , Kuwait
- Prostitute Ring arrested in Hawally , Kuwait
- Radio tower fell down due to Lightning strike and Wind last night in Murtiba , Kuwait
- Crackdown against illegal Dish TV in Kuwait
- Most watched video related to Raining in Kuwait
- Man caught bribing KD 1,500 for 3 Filipinas release
- Video – Big Cats in Kuwait
- Kuwait in Silver Safety Competition
- Video – Egyptian stuck in sewage pipe during swimming in Kuwait
- GLOBAL EDUCATION FAIR in Kuwait
- Off day Notification for Thursday 29.10.2015 due to bad weather
- Indonesian maid not paid for 10 yrs in Kuwait
- Kuwait to deport 23 expats with their families
- Johny Lever coming to Kuwait by ICS
- Diwalli Bazaar in Kuwait
- Yellow Cars Parade , Kuwait
- Fun Zone Winter Camp , Kuwait
- Qout Market , Kuwait
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
