Ferrovial (ES:FER) has released an update.
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Ferrovial has finalized the sale of a 19.75% stake in Heathrow Airport’s parent company, generating an estimated profit of 2.5 billion euros for the fiscal year. This transaction significantly reduces Ferrovial’s holding in FGP Topco, while Ardian and PIF acquire substantial shares. The move aligns with Ferrovial’s strategy of asset rotation and financial optimization.
For further insights into ES:FER stock, check out TipRanks’ Stock Analysis page.
