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 Outing @Kuwait_riders #Kuwait #kuwaitriders
- Avenues Carnival @the_avenues #Kuwait #q8
- Happy Ending of a Pakistani boy and a Kuwaiti girl #kuwait #q8
- Solar Powered Car #kuwait #q8
- AEGIS live in Kuwait #aegis #aegisinkuwait #kuwait #q8
- Kuwait Metro Project
- Karishma Kapoor (Indian Actress) in Kuwait on opening of new shop of Chemmanur #karishmakapoor #karishma #kuwait #mahboula #q8
- GCC expats may work in any member-state #kuwait #q8
- Below categories are exempted from the requirements of getting a driving license.
- Kuwait is going to participate in ” Tank Biathlon 2014 international competition ” #kuwait #q8 #tankbiathlon
- Porsche 918 Spyder 950-4 from Kuwait to London #Kuwait #q8 #uk
- Musical Night with Sugandra Mishra at event ” I Love my India ” in Kuwait #kuwait #sugandramishra #q8
- Highway of Death
- We can forgive but cannot forget
- Kuwait world’s third most expensive city #kuwait #q8 #uae
- The 2014 Boilermaker Shadow Run In Kuwait #kuwait #q8 #boilmakershadow
- Stud sheep sells for 80,000 dinars in Kuwait #kuwait #q8
- Kuwait Airlines jet makes emergency landing in Brussels #kuwait #q8
- Daler Mehndi is coming to Kuwait #Kuwait #q8 #dalermehdni
- Barber in Kuwait gives monkey a shave #kuwait #q8
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
