Read this article in French German Italian Portuguese Spanish
Ferrovial offloads its stake in UK airports in 拢1.5bn deal
13 November 2024
Spanish infrastructure group Ferrovial has sold its entire stake in a company that owns Aberdeen, Glasgow and Southampton Airports.

It reached an agreement with Avialliance UK for its 50% holding in AGS Airports Holdings Limited (AGS), the parent company of the three airports.
Ferrovial鈥檚 joint venture partner, investment bank Macquarie, will also sell its 50% stake in AGS.
Ferrovial said the agreement values 100% of the stake at 拢900 million (US$1.1 billion), while the price represents an enterprise value of just over 拢1.5 billion (US1.9 billion).
It said that it estimated it would make a capital gain of 鈧�290 million (US$306.5 million).
Last year, the company sold its entire 25% stake in the UK鈥檚 Heathrow Airport in London.
必赢体育
STAY CONNECTED




Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.
CONNECT WITH THE TEAM



