Slaughter and May, Freshfields Bruckhaus Deringer and Linklaters have all won mandates advising on the sale of London City airport to a Canadian-led consortium of investors for £2bn.
The sale of the airport, which is owned by US private equity company Global Infrastructure Partners (GIP), was completed yesterday. It marks the end of a seven month bidding process that saw the Canadian consortium fend off rival bids from two Chinese groups.
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