CIC buys stake in Heathrow Airport Holdings
China investment Corporation (CIC) has bought a 10% stake in Heathrow Airport Holdings from Spanish builder Ferrovial and other investors for GBP450 million ($725 million).
Ferrovial sold its 5.72% stake in the Heathrow parent company FGP Topco to Stable Investment Corporation, a wholly owned subsidiary of CIC for GBP257.4 million. As part of the same transaction, and at...
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