Investment firm GIP is acquiring U.K. private jet business Signature Aviation in the multi-billion pound transaction.
January 11, 2021 at 06:26 AM
1 minute read
Senior Reporter
Linklaters and Slaughter and May have picked up roles on the takeover of U.K. private jet business Signature Aviation by leading investment fund Global Infrastructure Partners (GIP) in a deal worth £3.4 billion.
New York-headquartered firm GIP swooped in to make an offer for the business just days after a consortium made up of private equity giant Blackstone and wealth manager Cascade Investment engaged in talks to buy Signature.
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
The two U.K. firms are leading on the transaction worth £3.4 billion.
