Airline industry, Business, Birmingham, Bristol, London, UK news, Air transport, Canada, England, Pensions industry Business | The Guardian
Canadian pension fund said to be in talks with minority shareholders as it seeks to cash in on post-Covid revivalBirmingham, Bristol and London City airports have reportedly been put up for sale by their Canadian pension fund owner as it looks to cash in on a resurgence in air travel after the pandemic.The Ontario Teachers’ Pension Plan (OTPP) is said to be in talks over a potential sale of its stakes in the UK airports to minority shareholders. The portfolio, which also includes Copenhagen and Brussels airports, is estimated to be worth more than £10bn. Continue reading…
Canadian pension fund said to be in talks with minority shareholders as it seeks to cash in on post-Covid revival
Birmingham, Bristol and London City airports have reportedly been put up for sale by their Canadian pension fund owner as it looks to cash in on a resurgence in air travel after the pandemic.
The Ontario Teachers’ Pension Plan (OTPP) is said to be in talks over a potential sale of its stakes in the UK airports to minority shareholders. The portfolio, which also includes Copenhagen and Brussels airports, is estimated to be worth more than £10bn.
