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Saudi Arabia's PIF to Buy 10% Stake in London Heathrow Airport

Saudi Arabiaโ€™s Public Investment Fund announced that it has entered into a share purchase agreement to acquire a 10% stake in London Heathrow Airport as part of a shareholder reshuffle, SPA said on Wednesday. Under the terms of the agreement, PIF will acquire 10% in FGP TopCo, the holding firm of Heathrow Airport Holdings, while French-based private equity fund Ardian will acquire 15% through separate vehicles.
United Kingdom Saudi Arabia Saudi Arabia Public Investment Fund Articles Of Association Heathrow Airport Holdings Public Investment Fund
Source: aawsat.com

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