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
- La Luna Del Ramadan #kuwait #q8 #ramadan
- Video – Our beloved Kuwait #Kuwait #q8
- Kuwait ranked #15 in more happy destination in upcoming years as per WTO #kuwait #q8
- Photos – One Love Africa Event in Regency @theregencyq8 #kuwait #africa #q8
- Kuwait National Cricket Team ready for Singapore tourney #kuwait #kc #kuwaitcricket #q8
- Timelapse – Gate Mall – Egaila #kuwait #q8 #gatemall
- Free Style Football Championship #kuwaitcity #marinamall #marinacrescent #q8 #football
- Kuwait ranked on 3rd among most expensive market for hotel #kuwait #q8
- Designers of New Kuwait Banknotes in Souq Mubarkiya #Kuwait #q8
- Kuwait Mile Drag965 #kuwait #q8 #drag965
- Congratulations K’sPath for FIRST Street Cat Sterilization Clinic @kspathq8 #kspathq8 #Kuwait #q8
- KOC Fit To Benefit Expo @kocofficial #WSGKOC #FitToBenefit
- Music band “The Wanted” performance in Kuwait, conducted by @ooredooinkuwait #ooredooinkuwait #kuwait #q8
- Video – Happy Kuwait #Kuwait #q8 #happykuwait
- Video – Redbull Kuwait ‘King of The Rock’ #redbullkuwait #redbull #kuwait #q8
- A Charity Art Exhibition by Khaleejesque #kuwait #q8 #cap #markaz21
- Shrek The Musical #kuwait #q8
- Kuwait Has Most Twitter Users Per Capita #kuwait #q8
- Girls in Tech Night Event @sirdab_lab #sirdab_lab #kuwait #q8
- Pakistanis & Bangladeshis in FIFA-2014 #fifa2014 #Kuwait #q8
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
