UK airport operator bought by Canadian pension fund for £1.5bn Transport and infrastructure An operator of UK airports has been bought by Canadian pension fund PSP, with the firm set to take over Glasgow, Aberdeen and Southampton airports in the £1.5bn deal. AviAlliance, a private airport operator which is wholly owned by the Public Sector Pension Investment Board (PSP Investments), announced the takeover of AGS Airports today. The [...]
Glasgow officially named 2026 Commonwealth Games hosts Sport Business Glasgow has today officially be named the host of the 2026 Commonwealth Games. The Scottish city, which hosted the 2014 edition of the Games, has stepped in to replace Victoria after the Australian state pulled out. The 2026 edition, however, will be scaled down and is set to completely pay for itself.It means four of [...]
Scotland set to host 2026 Commonwealth Games Sport Business Scotland are set to step in and host the 2026 Commonwealth Games in Glasgow after a deal was struck this month. A scaled-down version of the Games, started initially as the Empire Games during the times of the British Empire, will return to Glasgow 12 years after the city last played hosts, according to BBC [...]