| London City Airport could be bought by one of the world’s biggest sovereign wealth funds. Reports in The Telegraph suggest the Docklands site - valued at £2billion - could be snapped up by Wren House Infrastructure Management, an investment vehicle owned by Kuwait Investment Authority.
For the bid they are said to be teaming up with Canadian giant Ontario Teachers’ Pension Plan and investment firm Hermes. Boasting $592billion (£377billion) in assets, the KIA is the world’s fifth largest sovereign wealth fund...............................................Full Article: Source
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