Macquarie Group cancels Heathrow Airport stake acquisition, jeopardizing £6bn UK hub sale.
Macquarie Group has ruled out acquiring a stake in London's Heathrow Airport, potentially jeopardizing the sale of the UK hub. The Australian investment firm cancelled its acquisition plans last week, citing unidentified sources. This has left the £6bn sale at risk, as no other apparent buyers support Saudi Arabia's Public Investment Fund (PIF) and French buyout firm Ardian's purchase of Ferrovial's 25% stake in Heathrow.
April 06, 2024
5 Articles