Equitix to acquire stake in AirTanker Holdings from Rolls-Royce
Rolls-Royce has announced the sale of its 23.1% shareholding in AirTanker Holdings Limited to Equitix Investment Management Limited.
The transaction is worth GBP189 million (US$261.65 million) in cash, including the repayment of shareholder loans and accrued and deferred interest of approximately GBP47 million (US$65.06 million). The transaction is expected to complete by the end of the first quarter of 2022, subject to regulatory approvals.
AirTanker Holdings Limited, a joint venture with Airbus, Babcock, and Thales, owns 14 A330-200 Voyager aircraft which are powered by Trent 772B engines, a derivative of the Trent 700 engine. The Voyager aircraft supports air-to-air refueling, air transport, and ancillary services for the UK Ministry of Defence.
Country updates
-
-
September 15, 2021
Morgan Stanley submits improved bid to acquire Augean
Antwerp Management Limited, a subsidiary of Morgan Stanley Infrastructure (MSI), has submitted an improved bid of GBP3.40 (US$4.70) per share to acquire Augean. The new offer of MSI values the compan...
Read more -
September 10, 2021
Two teams shortlisted for Velindre Cancer Centre PPP project in UK
The Velindre University NHS Trust has shortlisted two consortia based on the evaluation of the pre-qualification questionnaire responses for the development of Velindre Cancer Centre in Whit...
Read more -
September 08, 2021
First close of GBP100 million achieved for BSIF II Fund
Gresham House has announced that the British Sustainable Infrastructure Fund II (BSIF II) has reached its first financial close of GBP100 million (US$138.4 million). The fund's first close was...
Read more -
September 01, 2021
Brookfield aims to sell PD port by end of 2021
Brookfield Asset Management is aiming to complete the sale of PD Port by the end of 2021. The company has reached out to potential bidders, who are ready to submit the bids for the GBP2 billion (US$2....
Read more -
August 31, 2021
Gatwick airport announces plans to revive Northern Runway
Gatwick has announced that a public consultation will start on September 09, 2021, on plans to bring its existing Northern Runway into routine use alongside&nbs...
Read more
