MAp Airports International Limited (a member of MAp) today advised Copenhagen Airports A/S (CPH) that it has signed a binding agreement with Ontario Teachers’ Pension Plan Board (OTPP), which will result in the divestment of its non-controlling 30.8 % interest in CPH. The agreement involves the sale of MAp’s interests in Copenhagen Airports and Brussels Airport in exchange for OTPP’s interest in Sydney Airport and a net cash payment. It is part of MAp’s strategy to focus on its core asset, Sydney Airport. The asset swap is not expected to complete for a number of months pending satisfaction of the conditions precedent including EC Merger Control approval.
CPH’s chairman of the board, Henrik Gürtler, delivers the following statement: “CPH is developing as the most important gateway to Scandinavia and Northern Europe. We are looking forward to pursuing this in cooperation with the new shareholder”.
In the event of questions to this announcement please contact Louisa Aherne, Corporate Affairs Manager of MAp
Tel: +61 2 9237 3317
Mobile: +61 428 822 375