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
- 9th Grand Blood Donation Camp by PBDIK
- Art exhibition – A Fifteen-Year Journey – The Art of Amira Behbehani
- Family Seasonal Concert – Events in Kuwait
- Let Your Voice Be Heard – A Podcast Workshop
- Perfect Pitch – Events in Kuwait
- Lean Startup Week Livestream – Events in Kuwait
- Man’s Search for Meaning – Events in Kuwait
- European women on ‘visit’ selling sex with AIDS on 1000 KD per night
- New Rule : 150 KD fine, Jail for 3 days and car impound for 3 months
- Cancel the Expats Residency at age of 55
- Witness the Action – Redbull Barbhr
- Healthcare Connections Between the United States and Kuwait
- Laughter with Music – Events in Kuwait
- Asian woman died
- An Egyptian expat arrested
- Weekends and public holidays deductions
- Illegal plastic surgery of men and women in Kuwait
- Pakistani entered in Kuwait illegally by sea
- Expats arrested with 30 kilos of PORK
- Husband’s flirt with maid caught by PARROT in Kuwait
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
