Category: Saudi Arabia
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Saudi Arabia Will Take a 10% Stake in Heathrow, Joining a Multinational Group of Investors in the London Airport
Written by Mateusz Maszczynski @ PYOK Saudi Arabia will acquire a 10% stake in the holding company of Heathrow Airport through its government-owned sovereign wealth fund, the Public Investment Fund, in a deal valued at nearly £950 million. The Saudis will acquire its stake in the West London airport from Spanish construction company Ferrovial which…