Investors may sell shares to oil-rich state’s Public Investment Fund, which already owns a stake, report says
Saudi Arabia could take effective majority control of London Heathrow, the UK’s major airport, with other investors considering selling their stakes, according to reports.
The oil-rich state’s Public Investment Fund (PIF) allied with private equity investor Ardian to announce the purchase of a 25% stake in the airport last month from Ferrovial, the Spanish infrastructure giant that had been the primary owner of Heathrow for 17 years.
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