Global Infrastructure Partners, whose portfolio includes Gatwick, sold to BlackRock in $12.5bn deal
From the humble luggage tray to filters that mask smells at sewage plants, the sale of some of Britain’s most pedestrian assets to the world’s largest money manager is to bring a multimillion-dollar payday to a small clutch of little-known bankers.
Global Infrastructure Partners (GIP), which boasts a $100bn (£79bn) collection of companies including Gatwick airport and the Suez wastewater group, has been sold to the US investment firm BlackRock in a $12.5bn deal.
About Author
More Stories
Qantas posts $1.39bn profit as holidaymakers flock to Jetstar
Chinese fishing fleets using North Korean forced labour in potential breach of sanctions, report claims
#AltGov: the secret network of federal workers resisting Doge from the inside