Saudi PIF, Ardian, and Ferrovial complete multi-billion dollar stake sale in Heathrow airport
TL;DR
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), and French private equity firm Ardian are set to acquire a 25% stake in Heathrow airport for £2.4bn. The deal will make PIF the third-largest investor in the airport, while Ardian will become the fourth-largest. The acquisition comes as the airport faces financial challenges due to the COVID-19 pandemic and aims to strengthen its position for future growth.
- Saudi PIF and Ardian to buy 25% stake in Heathrow airport for £2.4bn Financial Times
- Saudi investment fund to buy 10% stake in Heathrow airport BBC.com
- Ferrovial Sells $3 Billion Heathrow Stake to Ardian, Saudi Fund Bloomberg
- Ferrovial to sell its 25% stake in London's Heathrow for $3 billion Reuters
- Spanish giant Ferrovial sells remaining stake in Heathrow Bangkok Post
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