Chuckles all round at Betaville towers as senior hacks at the Wall Street Journal backslap themselves for "breaking" the story about Global Insfrastructure Partners and Blackstone's attempt to buy US-listed railroad operator Kansas City Southern for over $20 billion...
I see The Wall Street Journal has just "broken" an "exclusive" story about Global Insfrastructure Partners and Blackstone attempting to purchase Kansas City Southern, the US-listed railroad transportation operator. Below is the link:
https://www.wsj.com/articles/private-equity-firms-discuss-bid-for-kansas-city-southern-11596223106..
I see the follow up coverage of yesterday's Gatwick airport sale announcement to France's Vinci has already triggered fevered speculation about what Global Infrastructrure Partners plans to do next.
Indeed, a throwaway paragraph at the end of a piece in The Times speculates about the possibility of GIP selling Edinburgh airport next year. Below is the link:..
Apologies for the lack of posts in the last few days. Betaville has been enjoying a few days of merrymaking and eating chocolate.
Anyway, on arriving back at my desk this morning I was presented with the news that Global Infrastructure Partners (GIP) and friends have sold some of their shareholdings in Gatwick airport to French firm Vinci for an estimated £2.9 billion...
Interesting story from rivals over Bloomberg about Global Infrastructure Partners looking to sell its stake in Gatwick Airport for I suspect quite a lot of money (think billions and billions). Below is a link: