Spanish construction giant Ferrovial and joint venture partner Macquarie agreed to sell AGS Airports to AviAlliance for £900 million, while the buyer will also take on £653 million in debts.
The group behind Aberdeen , Glasgow and Southampton airports is being sold in a deal worth more than £1.53 billion, it has been announced.
The deal is expected to complete in the first quarter of next year. Each year, more than 10.8 million passengers pass through the three airports, which provide connecting services to communities across Scotland the South East. Gerhard Schroeder, managing director of AviAlliance, said: “We are committed to supporting the airports over the long-term to expand their route networks, further improve the passenger experience and implement the airports’ sustainability strategy.”
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