ALBAWABA – Saudi Arabia’s PIF will buy a 10 percent stake in London Heathrow Airport from Spain’s Ferrovial as part of a shareholder reshuffle, Bloomberg reported Wednesday. Accordingly, the Saudi Public Investment Fund (PIF) will become a partial owner in one of Europe’s businest airports, alongside the Qatar Investment Authority. Ferrovial is selling down their 25 percent holding, with the remaining 15 percent to be bought by Paris-based private equity ...
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