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New Deal


Announced

Completed

TCorp and GPIF completed the acquisition of a minority stake in Brussels Airport from OTPPB.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Acquisition

Minority

Airports

Belgium

Completed

Friendly

Private Equity

Synopsis

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TCorp, an investment arm of one of Australia's state governments, and Government Pension Investment Fund, an incorporated administrative agency, completed the acquisition of a minority stake in Brussels Airport from OTPPB. Financial terms were not disclosed. "As a leading infrastructure investor with a global mandate, part of our strategy is to establish and deepen relationships with like-minded partners who bring new ideas, capital and expertise to the table. We look forward to working with our new co-investors in what is truly one of the premier capital city airports in Europe and a centre of economic activity in Belgium," Dale Burgess, OTPPB Senior Managing Director, Infrastructure and Natural Resource.

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