ASUR to acquire a 36.5% stake in CPC from Motiva for $936m.

ASUR, an operator of airports, agreed to acquire a 36.5% stake in CPC from Motiva, a mobility infrastructure company, for $936m. The acquisition represents a stepping stone in ASUR's expansion strategy in the region adding 4 new markets in Latin America and the Caribbean, including Latin America's largest aviation market by passengers, Brazil, to ASUR's existing presence in Mexico, Colombia and Puerto Rico. This acquisition will add more than 45 million passengers to ASUR's 71 million reported in 2024, consolidating ASUR as the leading airport operator in the Americas. Out of the 20 airports in CPC's portfolio, 17 have more than 15 years remaining in their concession life.