Ferrovial closes the sale of a 19.75% stake in Heathrow for 2,000 million euros
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Ferrovial has completed the sale of a 19.75% stake in Heathrow Airport Holdings' parent company, FGP Topco Ltd, for 2,000 million euros. This transaction is part of a larger sale involving 37.62% of FGP Topco's share capital to Ardian and PIF.
December 12, 2024 | 8:00 pm
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Ferrovial has sold a significant stake in Heathrow's parent company, which may impact its financials and strategic focus.
The sale of a 19.75% stake in Heathrow's parent company for 2,000 million euros is a significant financial transaction for Ferrovial. This could positively impact Ferrovial's financial position by providing liquidity and potentially allowing for reinvestment in other projects or debt reduction. The strategic focus of Ferrovial may also shift as a result of this divestment.
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RELEVANCE 80