Originally Posted by
southlondonphil
The majority ownership would most likely need to remain UK-based - we're in Brexitania now. Only one of the hedge-funds mentioned in the Telegraph story would satisfy that requirement.
I don't think that the AF stake sale was cancelled due to Brexit minimum ownership concerns. The deal was agreed post-referendum, although admittedly pre hard Brexit...
BA is also owned by a Spanish company, IAG, which also happens to have 25% in the hands of Qatar, so that would require 51/75 of the remaining shares to be held by Britons. (doubtful)
i.e. I think there is some flexibility in the UK about the 51% requirement being British vs/ EU