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Saudi Arabias Investment Fund acquires 15 percent stake in Heathrow Airport
December 13, 2024 | 10:38 AM
Saudi Arabias Public Investment Fund (PIF) announced Thursday it had completed the acquisition of a 15 percent stake in Londons Heathrow Airport.PIF said it had acquired of a stake of approximately 15 percent in FGP TopCo, parent company of Heathrow Airport Holdings Ltd.PIF's Head of International Investments Turqi Al Nowaiser expressed delight at investing in Heathrow Airport as a vital UK asset and a world-class airport.Al Nowaiser highlighted the importance of infrastructure as a key sector in supporting the transition to net zero.
December 13, 2024 | 10:38 AM