Bill Gates Family Office and Blackstone Could End up Getting Signature Aviation

Posted on 01/08/2021

Cascade Investment, L.L.C. (Bill and Melinda Gates Investments (BMGI)), and The Blackstone Group are in talks in making a joint £3.5 billion offer for Signature Aviation plc, a London-listed private jet services provider. Signature Aviation received an indication of interest from The Carlyle Group as well. A lower bid from Global Infrastructure Partners was rejected earlier. Cascade Investment is the largest shareholder in Signature Aviation.

Signature Aviation was previously known as BBA Aviation.

Keywords: Blackstone Group LP.

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