Canadian pension giant CPPIB swoops for £3bn Gatwick stake
Canada's biggest pension fund is preparing to swoop for part of a stake in London's Gatwick Airport that could be worth more than £3bn, days after it unveiled a plan to use its emergency runway to boost capacity.Sky News has learnt that the Canada Pension Plan Investment Board (CPPIB) is part of a group of investors which are proposing to buy out Global Infrastructure Partners (GIP), Gatwick's biggest shareholder since 2009.A deal is expected to be finalised in the coming weeks, with CPPIB
Read more »