Fraport has increased its foreign presence in recent years by acquiring fully-consolidated stakes in 14 Greek and two Brazilian airports. Whereas it owns 73.4% of the former, it fully controls the latter investment. It has now decided to increase the stake in Lima from 70% to 80% without disclosing a payment price.
24 May 2019
Fraport has increased its stake in Lima Airport
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Fraport has increased its stake in Lima Airport
Fraport AG (FRA:WBO) | 0 0 0.7% | Mkt Cap: 8,167m
- Published:
24 May 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
Fraport has increased its foreign presence in recent years by acquiring fully-consolidated stakes in 14 Greek and two Brazilian airports. Whereas it owns 73.4% of the former, it fully controls the latter investment. It has now decided to increase the stake in Lima from 70% to 80% without disclosing a payment price.