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Sovereign Wealth Funds Briefing - Categorized | Investment

Chinese sovereign wealth fund to buy stake in Heathrow

Posted on 02 November 2012

China’s sovereign wealth fund announced on Thursday that it would buy a 10 per cent stake in Heathrow Airport near London for $727 million from the Spanish infrastructure company Ferrovial and other investors.
Ferrovial, which currently owns almost 50 per cent of the British airport, has been moving to reduce its debt burden by selling assets like its Heathrow holdings………………………………………..Full Article: Source


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