Reuters reveals Heathrow owner Ferrovial studies options for stake in Britain's biggest airport; shares rise | Reuters News Agency
Business & Finance

Reuters reveals Heathrow owner Ferrovial studies options for stake in Britain’s biggest airport; shares rise

Reuters was first to report that Spanish infrastructure firm Ferrovial is looking at options for its 25% stake in London’s Heathrow and has held preliminary talks with advisers on the future of its holding in Britain’s biggest airport. Ferrovial’s Heathrow stake has drawn interest from private equity firm Ardian, which has studied a joint offer with Saudi Arabia’s Public Investment Fund. Heathrow airport is valued at about 26 billion euros including debt. Shares in Madrid-listed Ferrovial rose as much as 4.2% after Reuters revealed the news. At market close they were up 3.7%, scoring their second-best day in five months. 

Market Impact

Shares in Madrid-listed Ferrovial rose as much as 4.2% after Reuters revealed the news. At market close they were up 3.7%, scoring their second-best day in five months.



Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Europe
Countries: England
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Passengers walk with their luggage through Heathrow Terminal 5 airport in London, Britain, June 1, 2022.REUTERS/Hannah McKay
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