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
- Bid to sell fake 100,000 Kuwaiti Dinars for Dh1.2 million
- 6 thousand KD for each female teacher in 10 days
- NUQAT FILM NIGHT – Events in Kuwait
- Farwaniya Operation – Kuwait
- Girl jailed for one year in Kuwait
- 85 Bottles of liquor caught
- SQUASH TOURNAMENT – Events in Kuwait
- Indian Food and Bazaar – Events in Kuwait
- Electro Yoga in the Park – Events in Kuwait
- Workshop : Learn how to successfully transform your organization
- Workshop : Lets learn calligraphy and watercolor techniques – Events in Kuwait
- Al Adab al-Mufrad – First Session
- 500000 medicines and Fake Medicial Equipments caught in Kuwait
- 22000 Kuwait Dinar caught at Kuwait Airport
- 2 prostitutes arrested in Kuwait
- 6 men and 4 women injured in fight during party in salmiya
- Welcome to SoMu in the Souq Mubarakiya
- Debate : Do you have the power to change minds?
- Music for Peace – Events in Kuwait
- FREE Immigration Seminar
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
