flying high
Saudi Arabia seals acquisition of 15% stake in London’s Heathrow
The Saudi fund has a range of U.K. investments that include the Newcastle United football club, Selfridges and the Rocco Forte hotel group
Aircraft on the tarmac at London's Heathrow Airport (Getty Images)
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Saudi Arabia’s Public Investment Fund concluded its yearlong quest to buy a chunk of London’s Heathrow Airport, joining an ownership group that includes the sovereign wealth funds of Qatar and Singapore.
The PIF will own a 15% stake in FGP...