Qatar spends $1.4bn on a 20% stake in BAA

Qatar Holding has signed an agreement with Spanish infrastructure firm Ferrovial to spend $1.4bn on a 20% stake in BAA, which operates London's Heathrow and Stansted airports, Scotland's Glasgow and Aberdeen airports, as well as Southampton airport in southern England.

http://www.airport-technology.com/news/newsqatar-holding-acquires-20-sta...

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By anonymous• 22 Aug 2012 21:27

Ferrvial needs the money as its I'm debt and Qatar needs somewhere to stick its surplus cash. Sounds like a good deal for both parties.

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Qatar spends $1.4bn on a 20% stake in BAA

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