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
- Over 400 arrested in Kuwait
- Renewal of driving license from “Driver” designation to new designation
- School Bus driver raped the student in Jaber al Ahmed , Kuwait
- Girl dancing and holding a hose for protest
- Increase of 75 food items prices in Kuwait Market
- US citizen gets death sentence in Kuwait
- e-system for visa 20
- Public Prosecution issued a warrant to arrest
- Bake and Educate Kuwait
- Teacher hit her student’s father with high heels at a speed of 3,000 km/h
- Girl killed and buried in abandoned house
- New Fuel prices for October in Kuwait
- Dead maid found hanged in bathroom
- Visa to Kuwait for Pakistanis
- Abortion and surgeries in 20 KWD in Jleeb
- Residence visas for 226 expat
- E-passport system and the DNA law in Kuwait
- I hate women – Spitted on Women
- Drugs Smugglers by use of Drone arrested
- Police Chase caught in Camera
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
