Infrastructure
UK - Credit Suisse Infrastructure Fund involved in bid for City Airport
It is expected that a consortium led by US insurer AIG and involving GE Capital and Credit Suisse's infrastructure fund has won the auction for City Airport. The deal is thought to value the airport which was acquired by Irish billionaire Dermot Desmond...
UK - Hastings Infrastructure Fund in £665m secondary buyout of South East Water
Hastings Fund Management, an infrastructure fund owned by the Australian bank, Westpac, has acquired South East Water from Macquarie in a £665.4m secondary buyout deal. Commentators have suggested that Macquarie's timely exit is evidence of its keenness...
NETHERLANDS - VNU appoints David Calhoun as chairman of executive board and CEO
VNU has announced that David L. Calhoun, vice chairman of General Electric Company, has been named chairman of the executive board and chief executive officer of VNU by the company’s supervisory board. Calhoun succeeds Rob Ruijter, who has served as...