--Esken Ltd. has agreed to sell a 30% interest in London Southend Airport to private-equity major Carlyle Group Inc., Sky News reports, citing unnamed sources.

--The deal is expected to raise 120 million pounds ($169.3 million) for the financially troubled parent of Stobart Air, and would be structured as a convertible bond, according to Sky News.

 

Full story: https://bit.ly/3pOYfaq

 

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(END) Dow Jones Newswires

June 14, 2021 09:01 ET (13:01 GMT)

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