Aéroports de Paris SA: Groupe ADP performs the first step to acquire a 49% stake in GMR Airports
26 Februar 2020 - 7:45AM
Aéroports de Paris SA: Groupe ADP performs the first step to
acquire a 49% stake in GMR Airports
PRESS RELEASE
26 February 2020
Aéroports de Paris SAGroupe ADP performs
the first step to acquire a 49% stake in GMR
Airports, Indian airport operator
Groupe ADP has realized the first step of the
operation started by the signing, on 20 February 2020, of the
agreement regarding the acquisition, under certain conditions, of a
49% stake in GMR Airports (see the press release published on the
same day1). Groupe ADP now holds 24.99% of GMR Airports, joins
therefore the Board of directors of this company and has highly
extended governance rights from today.
As a reminder, the operation has to be performed
in two phases: a first phase for the acquisition of a 24.99% stake,
and a second phase, subject to certain regulatory conditions, for
24.01%, which should occur in the upcoming months.
Once the second phase complete, GMR Airports
will be jointly owned with GMR Infrastructure Limited ("GIL"), the
listed entity of GMR Group, which will keep a 51% stake and retain
control over the company.
Investor Relations: Audrey Arnoux, Head
of Investor Relations +33 1 74 25 70 64 -
invest@adp.frPress contact: Lola Bourget,
Head of Medias and Reputation Department +33 1 74 25 23
23
Groupe ADP develops and manages airports,
including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget.
In 2019, the group handled through its brand Paris Aéroport more
than 108 million passengers and 2.2 million metric tons of freight
and mail at Paris-Charles de Gaulle and Paris-Orly, and more than
110 million passengers in airports abroad. Boasting an exceptional
geographic location and a major catchment area, the Group is
pursuing its strategy of adapting and modernizing its terminal
facilities and upgrading quality of services; the group also
intends to develop its retail and real estate businesses. In 2019,
group revenue stood at €4,700 million and net income at €588
million.Registered office: 1 rue de France – 93290 Tremblay en
France, France. A public limited company (Société Anonyme) with
share capital of €296,881,806. Registered in the Bobigny Trade and
Company Register under no. 552 016 628.
groupeadp.fr
1 Press Release of 20 February 2020 - With the acquisition of
49% of the Indian group GMR Airports, Groupe ADP creates the
leading global network of airports
- Aéroports de Paris SA - Groupe ADP performs the first step to
acquire a 49% stake in GMR Airports
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