ParticipatieMaatschappij Vlaanderen to acquire 39% stake in Brussels Airport Company from Ontario Teachers’ Pension Plan for €2.77bn.

ParticipatieMaatschappij Vlaanderen, an independent organization owned by the Flemish government, agreed to acquire 39% stake in Brussels Airport Company from Ontario Teachers’ Pension Plan, an independent organization responsible for administering defined-benefit pensions for school teachers, for €2.77bn. We thank OTPP for their efforts over the past years to help develop Brussels Airport Company into the high performance airport company it is today. We look forward to continuing our constructive relations with the other shareholders, fully endorsing the vision that is before us today for the further economic development of the airport,” Michael Casselman, PMV General Manager.