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Hungary, French co-investor Vinci Airports acquire Budapest Airport
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Hungary, French co-investor Vinci Airports acquire Budapest Airport
Jun 6, 2024 8:55 AM

BUDAPEST, June 6 (Reuters) - Hungary's state-owned

Corvinus Zrt. and French co-investor Vinci Airports have

acquired Budapest Airport from its main shareholder AviAlliance

and minority shareholders, AviAlliance said in a statement on

Thursday.

It did not disclose the financial terms of the transaction.

Prior to the sale, the main shareholder in Budapest Airport

with a 55.44% stake had been AviAlliance, owned by Canada's

Public Sector Pension Investment Board (PSP Investments).

Malton, a subsidiary of Singapore's GIC Special Investments,

controlled 23.33%, while Canada's Caisse de dépôt et placement

du Québec held the remaining 21.23%.

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