The latest issue of Financial Standard now available as an e-newspaper International pension funds buy London City airport BY MARK SMITH | FRIDAY, 26 FEB 2016 1:06PMThree Canadian pension funds and the Kuwait Investment Authority have won the takeover battle for London City airport with an offer of about £2 billion ($3.9 billion). Read more: London City Airport, GIP, Kuwait Investment Authority, Boris Johnson, AIMCo, Asia, Borealis, British Airways, Cheung Kong Infrastructure Holdings, Dermot Desmond for, Gatwick, Global Infrastructure Partners, HNA, IAG, Irish, Li Ka-Shing, Ontario Teachers, Pension Plan, Willie Walsh, Wren House |
| | KANIKA SOOD IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services. | KARREN VERGARA Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform. | | | KARREN VERGARA PIMCO has named a new lead for its Asia Pacific business as part of an executive shuffle announced overnight. | BENJAMIN ONG Even before the COVID-19 vaccine arrived in Australia, it was clear we were returning to pre-pandemic normality, and latest stats back this. |
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