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Public Investment Fund in FGP Topco Limited (Heathrow Airport Holdings)

Completed. First disclosed December 12, 2024, in an issuer or fund release (source).

Investor
Public Investment Fund (Saudi Arabia)
Investor as named in source
The Public Investment Fund (PIF)
Target
FGP Topco Limited (Heathrow Airport Holdings)
Target country
United Kingdom
Sector
Transport and Aerospace
First disclosed
December 12, 2024, Issuer or fund release
Amount
Not stated
Stake at first disclosure
Not stated
Source text
Main divestment and investment transactions in 2024 On December 12, 2024, following satisfaction of applicable regulatory conditions, Ferrovial has completed the sale of 19.75% of the share capital of FGP Topco, which is the direct shareholder of Heathrow Airports Holdings Limited (HAH), the owner of Heathrow Airport in London (UK), to Ardian and The Public Investment Fund (PIF), with a capital gain of EUR 2,023 million.

Source Filings and Releases

Oldest first
DateDocumentStated stakeLink
December 12, 2024Ferrovial SE releaseNot applicableView

Cite: Middle East Forum, “Public Investment Fund in FGP Topco Limited (Heathrow Airport Holdings),” Gulf Sovereign Holdings, accessed October 13, 2026, https://statemoney.meforum.org/deal/pif-fgp-topco-limited-heathrow-airport-holdings/.

Gulf money also reaches U.S. universities and lobbyists: the Influence Tracker holds Section 117 gift and contract disclosures and FARA registrations, and the Campus Watch Map places that funding on specific campuses.