Skip to main content

Heathrow's largest shareholder ‘assessing possible stake sale’

Air
Tom Parry
10 August 2022

Heathrow’s largest shareholder, Spanish multinational Ferrovial, is reportedly assessing options over a possible sale of its 25% stake in the airport.

Strikes scheduled to take place involving workers at dnata have been called off after members accepted an improved contract offer

Airport has rebounded fastest of Europe's five largest airports

The Madrid-based company is said to have held “preliminary talks” with external advisers over its future with Heathrow after 16 years as an investor.

The “early-stage” discussions are believed to have come amid interest in Ferrovial’s stake from private equity firm Ardian, which, according to Reuters’ sources, has held talks with its advisers over a possible joint proposal with Saudi Arabia’s Public Investment Fund (PIF). 

Ferrovial is yet to take a final decision and the discussions may not result in a sale, sources told Reuters.

Ferrovial and Ardian both declined to comment when asked by Reuters, while PIF did not immediately respond to a request for comment.