06.10.2014 - Singaporean wealth fund joins GBP1bn airport talks
The Singaporean sovereign wealth fund is thought to be set to join Spanish infrastructure firm Ferrovial and Australian bank Macquarie in buying Aberdeen and Glasgow airports as part of a £1 billion deal. Sources close to the talks suggest that a deal could be announced early next week which would see Heathrow Airport Holdings (HAH) sell the two Scottish airports along with its Southampton site. Although Ferrovial and Macquarie have previously been linked to a deal for the airports, according to a report yesterday the Singapore sovereign fund GIC is also looking to take an equity stake as part of an agreement...............................................Full Article: Source
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