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Saudi Snaps Up 10% Ownership of London Heathrow Airport

Saudi Snaps Up 10% Ownership of London Heathrow Airport
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Spanish giant Ferrovial sells remaining stake in Heathrow

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.Under the terms of the agreement, Ardian will buy 15 percent of FGP Topco, the holding company that controls the UK's busiest airport, and the Saudi public fund will take 10 percent, according to a statement released by the Spanish construction giant.

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Saudi Arabia buys 10pc stake in Heathrow Airport

Andrew Bailey has claimed he is not an “ultra-pessimist” when it comes to the UK economy, just days after he warned that the outlook for growth was among the worst he’d ever seen.

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Largest Heathrow shareholder sells stake to Saudi and French investors

Largest Heathrow shareholder sells stake to Saudi and French investors
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Spanish giant Ferrovial sells €2 7-billion stake in Heathrow to Saudis

Spanish giant Ferrovial sells €2 7-billion stake in Heathrow to Saudis
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