Slaughter and May advises Global Infrastructure Partners - agreed sale of London City Airport
Slaughter and May is advising Global Infrastructure Partners (GIP), a leading independent infrastructure investor, on the agreed sale of its 75% interest in London City Airport to a consortium comprised of AIMCo, OMERS, Ontario Teachers’ Pension Plan and Wren House Infrastructure Management Limited, the infrastructure investing arm of the Kuwait Investment Authority. Highstar Capital has also agreed to sell its 25% interest in London City Airport as part of the transaction, which is not subject to any regulatory approvals and is expected to close on 10 March 2016.