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Saudi investment fund to buy 10% stake in Heathrow airport

2023-11-29 03:25
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,...