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Dueling Suitors Unite to Buy Signature for $4 7 Billion

Dueling Suitors Unite to Buy Signature Aviation for $4 7 Billion

Blackstone, GIP Unite on $4.7 Billion Private Jet Deal Bloomberg 2/5/2021 © Photographer: Luke MacGregor/Bloomberg A seat belt inside the cabin of a private jet. (Bloomberg) Rival bidders Blackstone Group Inc. and Global Infrastructure Partners joined together to buy Signature Aviation Plc for $4.7 billion, resolving their tussle over the world’s biggest operator of private-jet bases. The company agreed to a sweetened $5.62-per-share bid from the two major funds and billionaire Bill Gates, currently the largest investor in the company, according to a statement on Friday. The contest for Signature Aviation has attracted some of the world’s top financial firms. Talks stretched back to first half of 2020, after investors took note of an increased interest in private flights by wealthy travelers during the coronavirus pandemic.

Parts of Britain Are Already Hitting 2030 Carbon Targets

Trump Reconciles With Ex-Strategist Steve Bannon in Talks on Election

Trump Reconciles With Ex-Strategist Steve Bannon in Talks on Election Bloomberg 1/14/2021 Jennifer Jacobs (Bloomberg) President Donald Trump has repeatedly spoken by phone in recent weeks with once-estranged White House adviser Steve Bannon, who’s facing federal criminal charges, for counsel on his campaign to overturn his re-election defeat, according to people familiar with the matter. One person familiar with the matter said the president has sought out allies who would tell him what he wants to hear as he promulgated false claims that the election was stolen from him. © Bloomberg Former White House Strategist Steve Bannon Interview Stephen Bannon

France to Reopen U K Border After Paralyzing Busiest Port

France to Reopen U.K. Border After Paralyzing Busiest Port Bloomberg 12/23/2020 Nikos Chrysoloras, Ania Nussbaum and Kitty Donaldson (Bloomberg) Critical trade and transportation links between the U.K. and continental Europe are to resume after France agreed to end a suspension that crippled Britain’s busiest port at a time of high political drama over Brexit. European Union citizens and residents able to show negative Covid-19 tests will be able to travel from the U.K., according to French Prime Minister Jean Castex. The objective is now to have freight traffic moving by Wednesday morning, a French official said.

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