Singapore’s Changi Airport Group is reportedly interested in increasing its stake in Gemina SpA, the group which controls Aeroporti di Roma (ADR).
Changi has approached Fondiaria-Sai SpA about purchasing its 4.2% stake in Gemina. The group’s offer is reportedly “far” from the asking price. Meanwhile, Gemina’s share price rose by 1.9%.
Meanwhile, TAV Airports shares lost the most ground on Tuesday (23-Nov-2010) and dropped by 6.2%.
Selected airport operators/investors daily share price movements (% change): 23-Nov-2010
Selected airport suppliers daily share price movements (% change): 23-Nov-2010