China buys 10% stake in London’s Heathrow airport

China's sovereign wealth fund will pay $727 million for a stake in the world's third-busiest airport.

Heathrow Europe's busiest airport is now 10% owned by CIC

China has bought a 10% stake in London’s Heathrow airport as it continues its investment in Europe despite the economic downturn.

European investors have a long history in China, but the majority of Sino-European investment has been going in the other direction recently, according to PricewaterhouseCoopers PwC. And the UK has been a...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES