China buys Heathrow operator stake

The Chinese government's main sovereign wealth fund says it has bought a 10% stake in the operator of Heathrow Airport, expanding its investments in British infrastructure.

China Investment Corp (CIC) gave no financial details but Ferrovial, the Spanish company which owns 49.99% of Heathrow Airport Holdings, said the fund paid other shareholders a total of 725.8 million US dollars (£449.9 million) to acquire its stake.
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