Bill Gates joins Blackstone in bid to buy British private jet firm

Gates’ Cascade Investment fund teams up with US private equity firm on offer for Signature Aviation

Bill Gates has joined a £3bn bidding war to buy the world’s largest private jet operator just as he prepares to publish his new book How to Avoid a Climate Disaster.

Cascade Investment, the fund that manages much of Gates’s $134bn personal fortune, announced on Friday it had teamed up with US private equity firm Blackstone in a bid for British private jet operator Signature Aviation.

Continue reading…

Visit the Source

Return to this Topic

Related Articles

UK video game industry thrives amid lockdowns and US bidding wars

Sector grows as developers continue to work and consumers search for Covid boredom reliefThe lockdown boom in video games has put the spotlight on the global success of British game makers, attracting the attention of deep-pocketed US giants looking to snap up valuable pandemic-proof businesses.Electronic Arts, the California-based global gaming giant, announced a surprise £945m bid for Codemasters, the maker of Formula One racing games. Continue reading…

Tesla investment reaps $29bn profit for Edinburgh fund

Electric car maker was $6 a share when Scottish Mortgage Investment Trust started buying, now it’s $846 Elon Musk has made so much money from Tesla that he is now the richest person on the planet. However, the second-biggest winners are investors in an Edinburgh-based investment fund that began backing Musk’s electric car company in 2013.Baillie Gifford’s investments in Tesla have made an extraordinary $29bn (£21bn) for investors including pension funds, foundations and charities, according to figures released to the Guardian. Continue reading…

Australian man arrested in Germany over 'world's largest' darknet marketplace

Police arrest 34-year-old suspected of operating site selling drugs, credit card data and malwareA German-led police sting has taken down the “world’s largest” darknet marketplace, whose Australian alleged operator used it to facilitate the sale of drugs, stolen credit card data and malware, prosecutors said Tuesday.At the time of its closure, DarkMarket had nearly 500,000 users and more than 2,400 vendors worldwide, as the coronavirus pandemic leads much of the street trade in narcotics to go online. Continue reading…

More African Inspired Necklaces

by Sherry Day. (Pointe aux Barques, Michigan) I had the good fortune of sailing around the world for five years. I collected beads, findings and artifacts along the way. My African pieces have been hot sellers. Sherry Day Trillium Studio Facebook TrilliumStudio by Sherry Day. (Pointe aux Barques, Michigan) I had the good fortune of […]

Revealed: Tory MPs and commentators who joined banned app Parler

Nadine Dorries, James Cleverly and Michael Gove joined the platform favoured by Trump supporters At least 14 Conservative MPs, including several ministers, cabinet minister Michael Gove and a number of prominent Tory commentators joined Parler, the social media platform favoured by the far right that was forced offline last week for hosting threats of violence and racist slurs.Parler was taken offline after Amazon Web Services pulled the plug last Sunday, saying violent posts and racist threats connected to the recent attack on the US Capitol violated its terms. Continue reading…