Copenhagen Airports A/S realizes its investment in ITA



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The divestment was subject to a number of conditions, including:

  • approval of the purchase agreement by the Mexican Ministry of Communications and Transport
  • approval of the purchase agreement by the Mexican competition authorities

All conditions have now been fulfilled and the divestment was closed today.

The divestment will affect profit for the year before tax by DKK 274.4 million, which is lower than expected due to the development in the USD exchange rate. The profit has been calculated based on the Danish central bank’s official exchange rate as of today. The current Technical Service Agreement will be continued until the end of 2010.

About ITA
In its capacity as strategic partner to Grupo Aeropuertos del Sureste, S.A.B. de C.V. (”ASUR”), ITA practices active ownership through a shareholders’ agreement and a consulting agreement. The consulting agreement covers consulting services in all important business areas in ASUR.

About Fernando Chico Pardo
Fernando Chico Pardo is the Chairman and acting CEO of ASUR. Fernando Chico Pardo is the founder and CEO of Promecap, S.C. and a board member of a number of companies.