Saudi Arabia’s wealth fund takes 10% stake in Heathrow airport
Spanish firm Ferrovial sells off holding after 17 years, with other 15% going to French group ArdianSaudi Arabia’s sovereign wealth fund has taken a 10% stake in Heathrow for £1bn from the Spanish infrastructure company Ferrovial, which is selling off its holding in Europe’s biggest airport after 17 years.Ferrovial has sold its entire 25% stake in Heathrow’s parent company, FGP Topco, for £2.4bn, with a 15% share of the firm going to the French …
Saudi PIF to buy stake in Heathrow, joins Singapore’s GIC fund in ownership
The Saudi public fund would join existing owners including Qatar, which holds 20 per cent, and smaller investors including Singapore’s GIC sovereign wealth fund, which has an 11.2 per cent stake.
- 50% of the sources lean Right
To view factuality data please Upgrade to Premium
To view ownership data please Upgrade to Vantage