TCI takes 6.7 percent stake in Spanish airport operator Aena
The Children's Investment Fund Management (TCI) took a 6.7 percent stake in last week's listing of Spanish airport operator Aena to become the biggest shareholder after the state, stock market data showed on Wednesday. The 3.88 billion euro (£2.85 billion) sale, Europe's largest initial public offering (IPO) since Glencore raised 7.1 billion euros in 2011, is seen as a vote of confidence in Spain's economic recovery. The state holds a 51 percent stake in the firm.
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