Published 8 months ago

Saudi investment fund to buy 10% stake in Heathrow airport

Saudi Arabia's Public Investment Fund is set to purchase a 10% stake in Heathrow airport from Ferrovial, worth £2.37bn .
French-Based private equity fund Ardian will acquire 15% of FGP Topco, the parent company of Heathrow airport.
Ferrovial, which currently owns a stake in Heathrow, plans to complete the deal in six months and will remain dedicated to other airport investments.

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BBC News

Saudi investment fund to buy 10% stake in Heathrow airport

Spanish infrastructure giant Ferrovial agreed to sell its 25% stake, held since 2006, for £2.4bn.

8 months ago·United Kingdom

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The Guardian

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 …

8 months ago·London, United Kingdom

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South China Morning Post

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.

8 months ago·Hong Kong

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The Telegraph

Saudi Arabia buys 10pc stake in Heathrow Airport - latest updates

Saudi Arabia will own 10pc of Heathrow after Spanish infrastructure giant Ferrovial announced it was offloading its 25pc stake in Europe’s busiest airport.

8 months ago·London, United Kingdom

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