25-Apr-2018 9:03 AM
Ardian sells 49% stake of London Luton to AMP Capital
Ardian sold (24-Apr-2018) its 49% stake in London Luton Airport to AMP Capital. As previously reported by CAPA, Ardian purchased its 49% share for GBP445 million from Spain's Abertis in 2013. Ardian invested over GBP160 million in the airport since 2013. Sale of the stake is reportedly valued at GBP350 million (Reuters, 24-Apr-2018). [more - original PR - I] [more - original PR - II]