Ferrovial sells Heathrow airport stake to Chinese company CIC International
November 2, 2012, 12:12 am TWN
MADRID -- Spanish construction group Ferrovial said Wednesday it had agreed to sell a stake in London's Heathrow airport to Chinese firm CIC International.
Ferrovial said in a statement it was selling a 5.72-percent stake in FGP Topco, the holding company that controls the airport, to CIC International's subsidiary Stable Investment Corporation, for the equivalent of 319 million euros (US$415 million).
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