Ferrovial ( (ES:FER) ) has shared an announcement.
Ferrovial has announced a binding agreement to sell its entire 5.25% stake in FGP Topco Ltd., the parent company of Heathrow Airport Holdings Ltd., to Ardian for approximately GBP 455 million. This transaction, which also involves other Topco shareholders selling an additional 4.75% stake, is subject to certain regulatory conditions and shareholder rights, potentially impacting Ferrovial’s investment portfolio and market positioning.
More about Ferrovial
Ferrovial is a leading global infrastructure operator focused on sustainable solutions, with operations in over 15 countries and a workforce exceeding 24,000 employees. The company is publicly traded on multiple stock exchanges and is recognized for its commitment to sustainability, being part of indices like the Dow Jones Sustainability Index and FTSE4Good.
YTD Price Performance: 4.68%
Average Trading Volume: 418,427
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €30.26B
For detailed information about FER stock, go to TipRanks’ Stock Analysis page.