Posted By Global Banking and Finance Review
Posted on December 12, 2024

(Reuters) - Spanish construction giant Ferrovial said on Thursday it closed the sale of a 19.75% stake in Heathrow Airport Holdings for 2 billion euros ($2.10 billion) to French investment firm Ardian and Saudi Arabia's sovereign wealth fund PIF.
Other shareholders of FGP Topco Ltd, the parent company of Heathrow Airport Holdings, sold an additional 17.87% stake, taking Ardian and PIF's purchase up to 4 billion euros for 37.62%, Ferrovial said.
($1 = 0.9538 euros)
(Reporting by Nilutpal Timsina and Joan Faus; Editing by Krishna Chandra Eluri)