Transport Infrastructure
Ferrovial closes sale of 19.75% stake in Heathrow Airport for 2 bln euros
Spanish building and construction giant Ferrovial stated on Thursday it closed the sale of a 19.75% stake in Heathrow Airport Holdings for 2 billion euros ($ 2.10 billion). to French financial investment firm Ardian and Saudi Arabia's sovereign. wealth fund PIF. Other investors of FGP Topco Ltd, the parent business of. Heathrow Airport Holdings, offered an additional 17.87% stake,. taking Ardian and PIF's purchase approximately 4 billion euros for. 37.62%, Ferrovial stated. Later on Thursday, PIF also announced the conclusion of. acquisition of approximately a 15% stake of the holding company. of Heathrow Airport Holdings Ltd, saying that the investment...