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International News / Press Releases / September 29, 2008 Global Infrastructure Partners to Acquire Additional Interest in London City Airport |
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NEW YORK and LONDON, Sept. 29 /PRNewswire/ -- Global Infrastructure Partners (GIP) has entered into a definitive agreement to acquire AIG-Financial Products' (AIG-FP) 50% interest in London City Airport. The transaction is expected to close in October, 2008.
This acquisition will bring GIP's ownership interest in London City Airport to 100%.
No further details were disclosed.
About Global Infrastructure Partners
Global Infrastructure Partners (GIP) is an independent fund that invests worldwide in infrastructure assets in both OECD and select emerging market countries. GIP targets investments in single assets, and portfolios of assets and companies in power and utilities, natural resources infrastructure, air transport infrastructure, ports, rail, water distribution and treatment, and waste management. GIP has offices in New York, London and Hong Kong and Operational Headquarters in Stamford, Connecticut.
SOURCE Global Infrastructure Partners
International News / Press Release source: PR Newswire
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