Ferrovial to sell its 25% stake in Heathrow Airport

Ferrovial to sell its 25% stake in Heathrow Airport

Infrastructure giant Ferrovial has reached an agreement with two different buyers to sell its entire 25% stake in Britain's busiest airport, Heathrow, for £2.37 billion the company said in a statement.

Ferrovial announced this Tuesday the sale of its 25% stake in Heathrow Airports Holdings, the company that manages that London airport, for 2.7 billion euros after reaching an agreement with Ardian and The Public Investment Fund (PIF), which would acquire the shares of Ferrovial by around 15% and 10%, respectively, as reported by the National Securities Market Commission (CNMV). The company states that the transaction is subject to compliance wi…