partners ferrovial at Heathrow AirportThe largest infrastructure of this type in the UK and Europe, They object to the sale of 25 percent owned by Spanish company. As reported in a relevant report submitted by the company to the National Securities Market Commission (CNMV), airport shareholders, who own a 35% stake, informed Ferrovial that: intention to exercise the right to accompany is.
In November last year, Ferrovial announced a deal with Ardian and Saudi Arabia’s sovereign fund, the Public Investment Fund. Sell ​​15% and 10%respectively, the air infrastructure 2.368 million poundsIt is equivalent to 2 billion 750 million euros at the exchange rate. At that time, the company had already notified the existence of the right of accompaniment, which had already been activated by some anonymous shareholders.
Among the partners of Europe’s largest airport Qatar sovereign fund (20%), Canadian pension fund Warehouse and Docking in Québec (12.62%), Singapore’s sovereign wealth fund GIC (11.2%), North American fund Alinda Capital Partners (11.18%), China’s sovereign wealth fund, China Investment Corporation (CIC) (10%) and British pension fund Retirement Plan of Universities (10%).
In the same note to the regulator, Ferrovial reiterated that the sale of 25% of Heathrow shares was still ongoing and that “the parties are analyzing different options and working on compliance with the conditions.” “The closure of the business is still subject to compliance with the requirement of the right to accompany and compliance with the requirements of the applicable legislation, so There is no certainty that the transaction will be closed“, added.
Source: Informacion
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