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Infrastructure funds prepare sales of airports in UK and Italy-sources

“DeckChairs”


Infrastructure investors in Europe are preparing to sell their stakes in European airports, leveraging the recovery of travel following the COVID-19 pandemic. Edinburgh, one of the largest airports, may see a change of ownership as soon as 2024. Global Infrastructure Partners (GIP) is working on the sale of its majority stake, potentially valued at over 2.5 billion euros ($2.72 billion). AGS Airports, owned by Macquarie and Ferrovial, may follow suit. Investors in 2i Aeroporti are also weighing a sale.

(Source: Emma-Victoria Farr, Andres Gonzalez, Elisa Anzolin, Joanna Plucinska, Mathieu Rosemain, Anousha Sakoui and Elaine Hardcastle - REUTERS Read article here)


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