Groupe Aéroports de Paris Acquires AIG Controlling Stakes

تم نشره في Thu 19 April / Apr 2018. 12:00 AM
  • Travellers at the Queen Alia International Airport (QAIA) - (Archives)

AMMAN — Airport International Group and international airport operator, Groupe Aéroports de Paris (ADP) have announced on Thursday a new acquisition deal whereby Groupe ADP has acquired a majority stake of 51 per cent.

The announcement came during a press conference, which involved a tour of the airport, held at Queen Alia International Airport (QAIA), in the presence of Jordanian Minister of Transport and Municipal Affairs Eng.

Walid Masri;  Muhannad Shehadeh, Jordanian Minister of State for Investment Affairs and Chairman of the Jordan Investment Commission (JIC); Groupe ADP Chairman and CEO, Augustin de Romanet; ADP International Chief International Officer and the new chairman of Airport International Group, Fernando Echegaray; Airport International Group CEO, Kjeld Binger, and several representatives of the local and international media.

ADP owned a 9.5 per cent stake in Airport International Group via a subsidiary since 2007.

AIG was awarded a 25-year Build-Operate-Transfer (BOT) concession agreement,  to rehabilitate, expand and operate QAIA through a USD 850 million public-private partnership (PPP) plan.

Now, Groupe ADP owns 51 per cent, with the remaining shares distributed among Meridiam Eastern Europe Investments – 32 per cent, Mena Airport Holding Ltd. – 12.25 per cent and Edgo Investment Holdings Ltd. – 4.75 per cent.