Results tagged “General Electric”

London City Airport’s owner is one of six groups which has lodged a bid for Gatwick.

The deadline for offers passed on Monday and saw Global Infrastructure Partners, which was founded by Credit Suisse and General Electric, finally make its move for the BAA airport.

AMERICAN International Group has sold its shares in London City Airport.

The insurance giant, which was recently bailed out by the US government, agreed to sell to majority stakeholder Global Infrastructure Partners.