An investment fund that used to own London's Gatwick Airport has struck a $4.63 billion deal to buy Bill Gates-backed private jet services firm Signature Aviation, trumping rival suitors private equity giants Blackstone and Carlyle.
An investment fund that used to own London’s Gatwick Airport has struck a $4.63 billion deal to buy Bill Gates-backed private jet services firm Signature…
The FTSE 100 inched lower on Monday as a jump in coronavirus cases across Europe stoked worries about its near-term economic impact, while Signature Aviation surged on reaching an agreement for a takeover deal with Global Infrastructure Partners.
Signature Aviation shares rose to the top of the City leaderboard this morning as it accepted a £3.4 billion takeover bid from Global Infrastructure Partners, the investment fund that part-owns