MARKETS

Signature Aviation climbs above value of agreed $4.6 billion buyout offer

Signature Aviation
SIG,
+7.66%
rose 8% to 438 pence after accepting a $4.63 billion bid from Global Infrastructure Partners that values the aviation services firm at 405 pence per share. Rival private-equity groups Carlyle Investment Group and Blackstone have separately indicated interest in the company.

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