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Deals Rumor Mill: London City Airport, UAE, Elephant

By Benjamin Horney (August 17, 2015, 7:46 PM EDT) -- The owners of London City Airport have tasked Credit Suisse Group with advising them on a potential sale that might value the business at up to  £2 billion ($3.1 billion), according to a report from Reuters on Monday. The airport, owned by Global Infrastructure Partners and Oaktree Capital Management, could be sold before the new year, the report said, although no prospective suitors were disclosed....

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