Global Infrastructure Partners to acquire Signature Aviation for £3.43 billion

Global Infrastructure Partners said on Monday that it struck a deal to acquire Signature Aviation plc (LON: SIG) for £3.43 billion. The investment fund trumped buyout proposals from rivals, including Carlyle and Blackstone.   Signature’s spokesman commented on the news on Monday and said: “Nothing precludes either Blackstone and Cascade or Carlyle from making an offer proposal that the board of Signature Aviation will consider.” In separate news from the United Kingdom, EasyJet boosted liquidity with a new five-year £1.39 billion loan facility. GIP’s offer translates to £4.07 per share in cash Signature Aviation shares, that you can learn to