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Qatar Holdings to buy a fifth of BAA, as Stansted sale launches
20 August 2012
Read more:
[BAA]
[qatar holding]
[la caisse]
[gic]
[ferrovial]
[alinda]
[competition commission]
[stansted]
Qatar Holding has agreed to buy 20% of UK airport operator BAA from three current shareholders for £900 million ($1.4 billion). It is buying 10.62% of FGP Topco, the holding company for BAA, from Ferrovial for £478 million, 5.63% from La Caisse (through Britannia Airport Partners), and 3.75% from Singapore's GIC. After the transaction, Ferrovial will own...
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