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
- Kuwait Riders – Bikes Show , Kuwait
- Royal Cricket Academy , Kuwait
- Lecture on ” Use technology to make your life easier “
- 6th Blood Donation Drive by PBDIK on 30th Jan 2015
- The Exploitation of Expats in Kuwait
- Man entered in the restaurant without clothes
- Desert Run , Kuwait
- Lecture on The art of engagement at Beit al Sadu , Kuwait
- Lecture on Islamic Architecture , Kuwait
- The Marina Market , Kuwait
- Sony Bazzar , Kuwait
- Top ten nationalities (in expats) who violated the law in 2014 (via Arabtimes)
- Photos & Videos : Bohemia in Kuwait @iambohemia
- Blood Drive to save Life by Kuwait Riders (Blood Donation Camp)
- Over 30 years service expats to have terminated from jobs , Kuwait
- Attestation suspended of Bank Guarantee for “Indian Domestic Workers” In Kuwait
- Firework 2015
- Volkswagen XL1 in Kuwait
- Egyptian Music Night , Kuwait
- HEGURU Seminar , Kuwait
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
