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
- Flute Melody by Mr. Arshad in Kuwait #kuwait #q8
- Mövenpick free zone begins Ramadan with the Tallest crescent made of dates. #kuwait #q8
- Qari Mishary Al Afasy will offer Salat Taraweeh in Masjid al Rashed from 1st Ramadan till 19th of Ramadan. #Kuwait #Ramadan #q8
- Ramadan Cricket League by TACK #kuwaitcricket #kuwait #q8 #tack
- Farewell ride to STAR MALIK #kuwait #q8
- Kuwait Ramadan Timings and Working Hours
- Throw out 1000 KD from the car #kuwait #q8
- Rare cock sold for 2000 KWD in Kuwait #kuwait #q8
- Ramadan Kareem – TV Ads 2014
- Poster of “Masheenee Alcketiara #EmaShah @besorvia111
- HELICAM TECHNOLOGY USED BY TEAMS ASSOCIATION OF CRICKET IN KUWAIT FOR THEIR DOMESTIC CRICKET FINALS #kuwait #q8 #tack
- Video – 17th International Music Festival 2014 #kuwait #q8 #kw_nccal
- Kuwait Pixies Paintball – Female Paintball Team #kuwait #q8
- American Football World Cup 2014 @KuwaitGridiron #ifafu19wc #americanfootball #kuwait #q8
- Graish Event by @shuwaikhmarket #shuwaikhmarket #Kuwait #q8
- VIdeo – Kuwait’s bank notes printing in factory #kuwait #q8
- Video – Kuwait’s Oil tanker rescued hundreds of people #kuwait #q8 #oiltanker
- Ramadan TV Series #ramadan #kuwait #q8 #tvschedule
- The Flying Start Triathlon @q8sportevents #q8sportevents #theflyingstart #kuwait #q8
- MEGA CRICKET WEEKEND by TACK #kuwait #q8 #cricket #tack
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
