AXA Private Equity and Spanish airport operator AENA are teaming up to bid for Abertis’ 90 percent stake in London Luton Airport, Reuters reported Monday.
(Reuters) – AXA Private Equity and Spanish airport operator AENA are teaming up to bid for Abertis’ 90 percent stake in London Luton Airport, a source familiar with the talks said on Monday.
The bid values the stake at more than 400 million euros ($521.18 million), the source said, confirming an earlier report in Spanish newspaper Expansion.
An Abertis spokesman earlier confirmed talks were ongoing with AENA. An AXA Private Equity spokeswoman in Paris declined to comment. ($1 = 0.7675 euros
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