Heathrow’s majority shareholder, Ferrovial, is selling a 22.6% stake in the airport to a French private equity firm, a deal that will see the Saudi government take a larger than previously agreed interest in Britain’s busiest airport.
Following fresh discussions, Paris-based Ardian has entered a new agreement to buy a 22.6% stake of TopCo from Ferrovial (Credit: Heathrow airport)
In November 2023, Paris-based Ardian announced it had entered an agreement to buy 15% of FGP TopCo – Heathrow’s holding company – from the airport’s majority shareholder, Ferrovial.
However, following fresh discussions, Ardian has entered into a new agreement to acquire 22.6% of TopCo from Ferrovial and other shareholders.
Under the terms of…