Firms line up as airport sold off after seven month bidding process, while Norton Rose wins a role on the airport’s planning appeal
February 26, 2016 at 10:44 AM
1 minute read
The original version of this story was published on Legalweek
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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