Bill Gates bids for private jet operator – one month before he releases climate change book | Daily Mail Online
Bill Gates has been accused of hypocrisy after entering a bid to buy the world’s largest private jet operator, just one month before he releases a book preaching about climate change.
The Microsoft boss’s company Cascade Investment entered the bidding war for Signature Aviation Friday, teaming up with Blackstone Group to make a $4.3 billion play for the British private jet servicing company.
Cascade and Blackstone are now going head-to-head with private equity firm Carlyle, which had already made an initial takeover approach.
Gates’ Cascade already owns a 19 percent stake in Signature making it the firm favorite to win the bid.
But news of Gates’ pursuit of the private jet firm has raised eyebrows given the company’s actions are at direct odds with his very vocal stance on climate change.
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