Reuters – CIC Buys Stake in Healthrow
A subsidiary of China Investment Corporation, the country's sovereign wealth fund, is buying a 10 percent stake in the UK's Heathrow Airport, state news agency Xinhua reported on Thursday. The Xinhua report follows a statement from Spanish infrastructure company, Ferrovial, on Wednesday that it had sold a 5.72 percent stake in Heathrow holding company FGP Topco to China's Stable Investment Corporation for 319.3 million euros ($414 million).
1 November 2012•1 min read
