Send
Print
David McKelvey
The main company of the airport, FGP Topco, is 25% owned by Spanish infrastructure business Ferrovial, which Ardian and PIF agreed to purchase for £2.4 billion in November 2023.
Some of Heathrow's other shareholders, however, made matters more difficult when they chose to use their tag along rights and sell their shares in addition to Ferrovial in January.
Ardian will receive 22.6% of the airport revenue under the new agreement, while the PIF would receive 15%. The sellers will be Ferrovial and the previously named stockholders.
source: reuters.com
Some of Heathrow's other shareholders, however, made matters more difficult when they chose to use their tag along rights and sell their shares in addition to Ferrovial in January.
Ardian will receive 22.6% of the airport revenue under the new agreement, while the PIF would receive 15%. The sellers will be Ferrovial and the previously named stockholders.
source: reuters.com
