Asterion to buy stake in Italy airports business from Ardian-Credit Agricole Assurance, sources say

Spanish fund Asterion has agreed to buy 49% of a holding company that owns several Italian airports from France’s Ardian and Credit Agricole Assurance, including a stake in the Milan airports’ operator, two sources said.

An official announcement for the deal is expected later on Wednesday, the two sources close to the matter said.

Reuters reported in December that the minority investors in the 2i Aeroporti holding company, which owns among others the Naples and Turin airports, were considering selling their stake.

Source: REUTER