Spanish giant Ferrovial sells remaining stake in Heathrow

By Agence France-Presse

Nov 30, 2023 12:12 am

MADRID: 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.

The specialist in transport infrastructure management operates a vast portfolio of global assets, including airport interests in Turkey and New York. It bought its stake in Heathrow Airport in a 2006 takeover and initially held 56 percent of the hub. But it has gradually reduced its stake in recent years.

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