Focue Provides the Latest and Most Up-to-Date News, What You Focus On is What You Get.
⎯ 《 Focue • Com 》

Saudi investment fund to buy 10% stake in Heathrow airport

2023-11-29 11:45
Spanish infrastructure giant Ferrovial agreed to sell its 25% stake, held since 2006, for £2.4bn.
Saudi investment fund to buy 10% stake in Heathrow airport

Saudi Arabia's Public Investment Fund (PIF) has agreed to buy a 10% stake in Heathrow airport from Spanish infrastructure giant Ferrovial.

Another 15% in its parent company, FGP Topco, will be sold to French-based private equity fund Ardian.

Ferrovial, which has owned a stake since 2006,...