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New Deal


Announced

VINCI Airports to acquire a 50.01% stake in Edinburgh Airport from Global Infrastructure Partners for £1.27bn.

Financials

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Transaction Value£1,270m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

Single Bidder

Airports

Cross Border

Majority

Private

Friendly

United Kingdom

airport

Infrastructure

Pending

Synopsis

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VINCI Airports, a company that manages the entire life cycle of airport sites, agreed to acquire a 50.01% stake in Edinburgh Airport, an international airport located in Scotland, from Global Infrastructure Partners, an infrastructure investment fund, for £1.27bn. "This partnership underlines our commitment to Scotland and its capital city airport. We are excited to extend our partnership with VINCI to deliver on our shared aspirations for the future of Edinburgh Airport, including our promise to support the airport's 2030 sustainability commitments. We are pleased the senior leadership team will remain in place under the chairmanship of Sir John Elvidge. Their focus remains on the long-term growth, modernisation and sustainability of the airport and on continuing to improve passenger service," Michael McGhee, Global Infrastructure Partners Deputy Chairman and Founding Partner.

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