Macquarie acquires additional stake in London City Airport
Client(s) Macquarie Asset Management
Jones Day advised Macquarie Asset Management, via Macquarie European Infrastructure Fund 7 SCSp, in its acquisition of a further 50% equity stake in London City Airport from Alberta Investment Management Corporation and OMERS. The acquisition takes Macquarie’s total ownership in London City Airport to 75%.
London City Airport is London’s most central airport, with direct transportation links to the city’s two financial districts, the City of London and Canary Wharf. The airport handles more than 50,000 flights per year serving over 30 leisure and business destinations across the UK and Europe.