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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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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.

1 year ago·Hong Kong

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Al Bawaba

Saudi Arabia’s PIF to buy 10% stake in London’s Heathrow

ALBAWABA – Saudi Arabia’s PIF will buy a 10 percent stake in London Heathrow Airport from Spain’s Ferrovial as part of a shareholder reshuffle, Bloomberg reported Wednesday...

1 year ago·Amman, Jordan

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The Local - Es

Spanish giant Ferrovial sells €2.7-billion stake in Heathrow to Saudis

Spanish infrastructure giant Ferrovial announced it is offloading its remaining 25 percent stake in London's Heathrow Airport to a French private equity group and Saudi Arabia's sovereign wealth fund.

1 year ago·Spain

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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 …

1 year ago·London, United Kingdom

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Arab News

Saudi Arabia’s PIF to buy 10% stake in Heathrow Airport

RIYADH: Saudi Arabia’s sovereign wealth fund has entered into a share purchase agreement to acquire a 10 percent stake in London’s Heathrow Airport from Spanish infrastructure giant Ferrovial, as it continues to make strategic investments across various sectors. In a press statement, PIF said that will acquire the stake in FGP TopCo, the holding firm of Heathrow Airport Holdings, while French-based private equity fund Ardian will acquire anot…

1 year ago·Riyadh, Saudi Arabia

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