Ferrovial sells BAA stake for €325 million

Ferrovial, indirect shareholder of 55.87 per cent of BAA, has reached an agreement with two investment vehicles managed by Alinda Capital Partners, for the sale of a 5.88 per cent stake in FGP BAA, for €325 million.


BAA Ferrovial FGP


Ferrovial sells BAA stake for €325 million

Ferrovial, indirect shareholder of 55.87 per cent of BAA, has reached an agreement with two investment vehicles managed by Alinda Capital Partners, for the sale of a 5.88 per cent stake in FGP BAA, for €325 million. As a result, Ferrovial will hold an indirect stake of 49.99 per cent in BAA. “This sale is in line with our strategy to establish a market valuation of our assets,” said Íñigo Meirás, CEO of Ferrovial. “Heathrow is one of the best infrastructure assets in the world. After this operation, we would like to underline our commitment as a long term investor in BAA remains in place.”