France's Vinci buys Fintech's stake in Mexico's OMA in $815 million deal

MEXICOCITY – Mexican airport operator Grupo Aeroportuario del Centro Norte, or OMA, stated on Sunday that Fintech Advisory Inc entered right into a deal price about $815 million with a unit of France’s Vinci to divest its 29.9% stake in OMA.

Fintech, managed by Mexican billionaire David Martinez, would implement the sale to Vinci by means of the switch of 100% of the fairness pursuits in Servicios de Tecnologia Aeroportuaria (SETA) and Aerodrome Infrastructure, OMA stated in a press release.

The acquisition worth for the sale of SETA was price about $578.7 million, OMA stated. The worth agreed for the sale of Aerodrome, web of debt, together with intercompany debt between Aerodrome and sure associates of Fintech, was about $236.7 million.

The transaction was topic to regulatory approvals, the assertion stated.

OMA operates 13 worldwide airports in 9 states of central and northern Mexico.

Post a Comment

Previous Post Next Post