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Saudi Arabia could take "majority control" of London Heathrow airport
The oil-rich state's Public Investment Fund (PIF) joined forces with private equity firm Ardian last month to announce the purchase of a 25% share in Heathrow from Ferrovial, the Spanish infrastructure behemoth that had been the major owner of the airport for 17 years.
english.almayadeen.net
Saudi Arabia could take "majority control" of London Heathrow airport
The oil-rich state's Public Investment Fund (PIF) joined forces with private equity firm Ardian last month to announce the purchase of a 25% share in Heathrow from Ferrovial, the Spanish infrastructure behemoth that had been the major owner of the airport for 17 years.According to reports, Saudi Arabia may gain effective majority control of London Heathrow, the UK's biggest airport, with other investors considering selling their holdings.
Riyadh's Public Investment Fund (PIF) joined forces with private equity firm Ardian last month to announce the purchase of a 25% share in Heathrow from Ferrovial, the Spanish infrastructure behemoth that had been the major owner of the airport for 17 years.
"Take Back Control"?
Saudi Arabia Eyes Majority Control of London’s Heathrow Airport
Saudi Arabia may ultimately gain majority control of London Heathrow Airport, Europe’s busiest, as several shareholders consider the sale of their interests, the Times reported on Sunday.
www.bloomberg.com
Saudi Arabia eyes majority control of London’s Heathrow Airport
Heathrow’s remaining shareholders are sovereign wealth funds from Qatar, China and Singapore
www.tbsnews.net
Saudi Arabia could take ‘effective majority control’ of London Heathrow
Investors may sell shares to oil-rich state’s Public Investment Fund, which already owns a stake, report says
www.theguardian.com
Saudi Arabia set to take control of Heathrow
Shareholders ‘prepare to welcome’ bids valuing airport at a bumper £9.5bn
www.thetimes.co.uk