A Chinese sovereign wealth fund is considering a sale of its stake in Heathrow airport over concerns about the rising cost of developing a third runway at the London hub.
The Chinese Investment Corporation, which is backed by Beijing, has put its 10 per cent stake in Heathrow on “active watch” and is mulling a sale, two people with knowledge of its thinking said.
The fund held meetings with financiers to discuss a potential sale late last year but no formal decision has yet been made, the people added.
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