Sun, Aug 31, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Ferrovial sells Heathrow stake to China’s CIC

Posted on 01 November 2012

Spanish construction group Ferrovial said Wednesday it had agreed to sell a stake in London’s Heathrow airport to Chinese firm CIC International.
Ferrovial said in a statement it was selling a 5.72-percent stake in FGP Topco, the holding company that controls the airport, to CIC International’s subsidiary Stable Investment Corporation, for the equivalent of 319 million euros ($415 million). It said Stable had also acquired shares from other shareholders in Topco to take its overall stake in the airport to 10 percent………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14644 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031