Saudi Arabia’s Public Investment Fund (PIF) has announced that it has entered into a share purchase agreement to acquire a 10% stake in TopCo, the holding company of Heathrow Airport Holdings. This deal is subject to regulatory approval. This year, Heathrow Airport has faced financial difficulties as a result of significant debt, which has been exacerbated by sharp increases in borrowing costs.
Saudi set to buy more stake in Heathrow: London's biggest airport
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