Saudi Arabia Buys 10% Stake in Heathrow Airport

Ferrovial Sells 25% Stake in £2.4bn Deal, with Paris-based Ardian Taking 15%

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has agreed to buy a 10% stake in Heathrow Airport.
The deal comes after Spanish infrastructure giant Ferrovial announced it was selling its 25% stake in the airport.
Paris-based Ardian will take a 15% holding, making the total sale worth £2.4bn.
Ferrovial, once Heathrow's largest shareholder, has been gradually reducing its interest since 2012.
Heathrow recently reported receiving 59.4 million passengers in the first nine months of this year, up 34.4% from 2022.