Announced

Ardian to acquire an additional 10% stake in Heathrow from Ferrovial and CDPQ.

Synopsis

Ardian, a private equity firm, agreed to acquire an additional 10% stake in Heathrow airport from, private equity firms Ferrovial and CDPQ. Financial terms were not disclosed. “There is strong demand for aviation which is underpinning the growth at Heathrow. We believe there are ways to build, expand and grow in a sustainable way and we will explore these with all stakeholders," Juan Angoitia, Ardian Co-Head of Infrastructure Europe and Senior Managing Director.

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