CVC Capital Partners reportedly stated it is considering a EUR12 billion takeover bid for Abertis (City AM, 20-Dec-2010). CVC has reportedly begun talks about financing the agreement and is thought to be planning to make an approach to the group in Jan-2011. Abertis operates London Luton, Cardiff and Belfast International Airports in the UK following its acquisition in 2005 of TBI, which also had eight international airports including Stockholm Skavsta, La Paz, Santa Cruz, Cochabamba and Orlando Sanford Airports. Abertis also operates toll roads in France, Spain, Italy and Portugal, as well as telecom businesses and car parks.
CVC Capital Partners considering takeover bid for Abertis: reports
You may also be interested in the following articles...
Global Airport Development Conference report: Trump, Brexit, pipelines and PPPs. Part 2
This report on the Global Airport Development Conference held in Lisbon on 29-Nov to 01-Dec-2016 covers the proceedings of Day 2 of the event.
Global Airport Development Conference 2016 report: Trump, Brexit, pipelines and PPPs. Part 1
The Global Airport Development (GAD World) conference was held in Lisbon, between 29-Nov and 01-Dec-2016. This CAPA report chronicles the presentations and debates that took place on the first two days, including selected ‘stream’ sessions on both days.
There was, inevitably, a political overlay to the event, with the (Jun-2016) UK referendum on continuing membership of the European Union (‘Brexit’), the (Nov-2016) election of President Trump in the US and associated ‘uncertainty’ dominating events.
Otherwise, the concern was, as always, the ‘pipeline’ of airport privatisation details, or rather the lack of them, while the hope was for the continuation of the trend towards PPP deals.