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Heathrow Deal With Saudis to Bring New Owners for 60% of Airport

(Bloomberg) Ferrovial SE’s planned sale of its holding in London Heathrow Airport to a duo including Saudi Arabia’s wealth fund stands to kick off an even larger disposal by other shareholders, meaning that more than half of the ownership interest in the UK hub is set to change hands.Most Read from BloombergTrump Scores Easy Win in Iowa With DeSantis a Distant SecondUS Merchant Vessel Struck as Shippers Told to Avoid Red SeaWhat Is Disease X? How Scientists Are Preparing for the Next Pandemic ....

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Talaat Moustafa Group Unit to Buy Stake in 7 Hotels from Egyptian Sovereign Wealth

The Sovereign Fund of Egypt inked a deal to sell a stake in seven major hotels to Talaat Moustafa Group Holding SAE, which is one of the largest listed real estate development companies in Egypt. Arab Company for Tourism and Hotels Investments (ICON) is a unit of TMG, which is the entity making the investment.…
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Saudi Arabia Eyes Majority Control of London's Heathrow Airport

Saudi Arabia Eyes Majority Control of London's Heathrow Airport
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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