Our Privacy Statement & Cookie Policy

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.

I agree

Saudi, French fund to acquire 37.6% of Heathrow airport

CGTN

Saudi Arabia's Public Investment Fund (PIF) and French investment manager Ardian are to acquire almost 38 percent of Heathrow, the London airport's largest shareholder, Ferrovial said on Friday.

Ardian and PIF had offered "to acquire shares representing 37.62 percent of the share capital" for 3.3 billion pounds (4.1 billion U.S. dollars), the Spanish construction giant said, indicating it had accepted the bid.

Source(s): AFP
Search Trends