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Sovereign Wealth Funds Briefing - Categorized | Investment

ADIA to bid for UK’s only high-speed railway

Posted on 03 August 2010

From Frenchtribune.com: The world’s biggest sovereign wealth fund, the Abu Dhabi Investment Authority (ADIA) is to make bid for the Channel Tunnel high-speed rail link, jointly with Morgan Stanley and private equity group 3i.
The sale, which is expected to bring 1.5 billion to 2 billion pounds, will to use to support Britain’s huge debt pile. The deadline for submitting an offer for the first round of bids is 17 August……………………………………….Full Article: Source


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