Ferrovial sells remaining stake in LHR

Back to Forum
Viewing 3 posts - 1 through 3 (of 3 total)

  • AndrewinHK
    Participant

    Ferrovial has reached an agreement with two different buyers to sell its entire 25% stake in LHR, for 2.37 billion pounds

    Ferrovial said the buyers for the stake in FGP Topco – the parent company of Heathrow Airport Holdings Ltd – were private equity fund Ardian and Saudi Arabia’s Public Investment Fund (PIF). Ardian would acquire a 15% stake and PIF a 10% stake. Ardian is a French PE fund, and the PIF joins the Qataris who own around 10%.


    BackOfThePlane
    Participant

    Good riddance I say…..


    AMcWhirter
    Participant

    Still requires approval but Saudi investment fund wishes to buy 10 per cent of LHR.

    https://www.bbc.co.uk/news/business-67562523

Viewing 3 posts - 1 through 3 (of 3 total)
You must be logged in to reply to this topic.
Business Traveller February 2024 edition
Business Traveller February 2024 edition
Be up-to-date
Magazine Subscription
To see our latest subscription offers for Business Traveller editions worldwide, click on the Subscribe & Save link below
Polls