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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

China sovereign fund takes 10 pct of Heathrow

Posted on 01 November 2012

An arm of China’s sovereign wealth fund has taken a 10 percent stake in the holding company controlling Britain’s largest airport Heathrow, Spanish infrastructure company Ferrovial said on Wednesday.
Ferrovial sold 5.72 percent of Heathrow holding company FGP Topco to China’s Stable Investment Corporation for 319.3 million euros ($414 million), it said in a statement………………………………………..Full Article: Source


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