The Chinese government’s main sovereign wealth fund says it has bought a 10 percent stake in the operator of London’s Heathrow Airport, expanding its investments in British infrastructure.
China Investment Corp. gave no financial details Thursday but Ferrovial, the Spanish company that owns 49.99 percent of Heathrow Airport Holdings, said the fund paid other shareholders a total of US$725.8 million to acquire its stake.
via Business feed http://www.scmp.com/business/money/market-snapshot/article/1074236/china-fund-buys-stake-londons-heathrow-airport
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