Investment Banking

Macquarie and RBC pilot London City Airport takeover

The investment banking arms of Australia's Macquarie and the Royal Bank of Canada are advising the consortium that has struck a $2.8 billion deal to acquire London City Airport, amid talk of a bubble in UK infrastructure valuations.

London City Airport was put up for sale in 2015
London City Airport was put up for sale in 2015 Photo: iStockPhoto

The investment banking arms of Australia's Macquarie and the Royal Bank of Canada are advising the consortium that has struck a $2.8 billion deal to acquire London City Airport, amid talk of a bubble in UK infrastructure valuations.

Macquarie's own infrastructure fund had been in the running to buy the asset before dropping out of the race in December 2015.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

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