February 12, 2025
Saudi Arabia poised for majority control of Heathrow

Saudi Arabia could take majority control of Heathrow airport, as shareholders moot an offer from a consortium of investors led by the country. The nation’s Public Investment Fund (PIF), alongside the Saudi-backed asset management firm Ardian, have signed a lucrative £2.4bn deal to snap up the Spanish infrastructure group Ferrovial’s 25 per cent stake…
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