Saudi, French funds to acquire 37.6% of Heathrow airport

AFP , Friday 14 Jun 2024

Heathrow airport
File photo of London s Heathrow airport. AFP

Saudi Arabia's Public Investment Fund 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 made an offer "to acquire shares representing 37.62 percent of the share capital" for 3.3 billion pounds ($4.1 billion), the Spanish construction giant said, indicating it had accepted the bid.

Search Keywords:
Short link: