Previous close | 38.85 |
Open | 39.28 |
Bid | 39.45 x 100 |
Ask | 41.34 x 200 |
Day's range | 38.78 - 40.24 |
52-week range | 3.06 - 48.29 |
Volume | |
Avg. volume | 10,796 |
Market cap | 28.613B |
Beta (5Y monthly) | 0.94 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.80 (2.02%) |
Ex-dividend date | 20 May 2024 |
1y target est | N/A |
Infrastructure giant Ferrovial said on Friday it had reached a new agreement with French private equity fund Ardian and Saudi Arabia's Public Investment Fund (PIF) to sell the bulk of its 25% stake in Heathrow airport while keeping 5.25%. Under the new agreement that also involves other sellers, Ardian and PIF will acquire 22.6% and 15% respectively of FGP Topco, which is the parent company of Heathrow Airport Holdings Ltd, for a total of 3.26 billion pounds ($4.13 billion). Under an initial agreement announced last year, Ferrovial would have disposed of its entire stake for 2.37 billion pounds, valuing the whole airport at 9.48 billion pounds.
(Bloomberg) -- Saudia Arabia’s wealth fund stands to gain a bigger stake in London Heathrow Airport alongside its bidding partner, French private equity firm Ardian, after more shareholders in the London hub agreed to offload their holdings.Most Read from BloombergSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Yes, Everyone Really Is Sick a Lot More Often After CovidBeaches on Singapore’s Sentosa Island Closed After
Ferrovial, a leading global infrastructure company, today announced the appointment of Frank Raha III as U.S. vice president of corporate affairs for Cintra, its highway business. Ferrovial's Cintra develops and operates express lanes across the U.S., providing road transportation infrastructure for communities as their populations grow. Raha oversees all government relations activities and engagements on behalf of the company, providing counsel and recommendations to U.S. corporate and concessi