Announced

Completed

CDPQ, Ardian and Public Investment Fund completed the acquisition of a 37.62% stake in Heathrow Airport from Ferrovial for £3.26bn.

Synopsis

CDPQ, an institutional investor that manages several public and parapublic pension plans, Ardian, a private equity investment firm, and Public Investment Fund, a sovereign wealth fund by the government of Saudi Arabia, completed the acquisition of a 37.62% stake in Heathrow Airport from Ferrovial, a provider of transport infrastructure and urban services, for £3.26bn. Ardian completed the acquisition of a 22.6% stake and Public Investment Fund a 15% stake.

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