The Saudi Investment Fund acquires 15% of Heathrow Airport
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The Saudi Investment Fund has acquired an approximately 15% stake in FGB Topco, the holding company for Heathrow Airport (Heathrow Airport Holdings Limited) from Ferrovial SA, as well as from other Topco shareholders, according to the fund’s statement today.
p>Ardian Private Investment Company also acquired about 22.6% of FGB Topco from the same shareholders, through a separate investment process.
Turki Al-Nwaisir, Deputy Governor and Director of the General Department of International Investments at the Public Investment Fund, said, “The Public Investment Fund is pleased to invest in Heathrow Airport, which is considered an important asset in the United Kingdom and a world-class airport.”
He added, "We are confident in the importance of the infrastructure sector and its role in enabling the transition towards zero neutrality, and we look forward to supporting Heathrow's management, which is considered a distinguished global gateway, in its efforts to enhance the sustainable growth of the airport and maintain its leading position among international air transport centers."
p>The Public Investment Fund’s investment in Heathrow Airport is in line with its strategy to empower important sectors and companies through long-term partnerships within the Fund’s portfolio of international investments.