21.08.2015 - Kuwaitis part of $3bn bid to buy London City Airport
An international consortium of sovereign wealth and pensions funds, including a London-based division of the Kuwait Investment Authority (KIA), is lining up a bid to buy London City Airport for $3 billion, according to media reports. Wren Infrastructure Management, a London-based division of the KIA, is part of a consortium that is lining up a bid for the airport located in the heart of the English capital. Canadian giant Ontario Teachers’ Pension Plan and investment fund manager Hermes have joined up to lodge a bid for airport, according to a report the Telegraph...............................................Full Article: Source
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