Ferrovial SE (FER)
| Previous close | 38.51 |
| Open | 39.33 |
| Bid | 39.53 x 100 |
| Ask | 39.90 x 100 |
| Day's range | 39.02 - 39.60 |
| 52-week range | 3.06 - 48.29 |
| Volume | |
| Avg. volume | 11,611 |
| Market cap | 28.581B |
| Beta (5Y monthly) | 0.94 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.80 (2.04%) |
| Ex-dividend date | 20 May 2024 |
| 1y target est | N/A |
- Reuters
Ardian, Saudi's PIF to buy 37.6% stake in Heathrow, Ferrovial keeps 5%
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
Saudis to Buy Larger Heathrow Stake in New £3.3 Billion Deal
(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
- The Telegraph
Heathrow looks like a Second World War airport, says Emirates boss
Heathrow has been likened to a “Second World War” era airport by the boss of Emirates, who warned urgent investment was required to catch up with rivals.
