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.

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