Saudi Investment in Heathrow Airport
In a recent announcement, Spanish construction giant Ferrovial revealed the completion of the sale of a 19.75% stake in Heathrow Airport Holdings to Saudi Arabia's Public Investment Fund and French investment firm Ardian for €2 billion. This strategic move has significantly altered the ownership structure of one of England's busiest airports.
Furthermore, shareholders of the airport's parent company, FGP Topco Ltd, sold an additional 17.87% stake for approximately €4 million. Consequently, Saudi Arabia's wealth fund now holds a 15% stake in Heathrow Airport, while Ardian controls 22.6%. This transaction underscores the growing influence of Middle Eastern investment funds in global infrastructure projects.
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