AviAlliance buys Aberdeen, Glasgow & Southampton airports
The consortium behind Aberdeen, Glasgow, and Southampton airports is set to change hands in a sale exceeding £1.53bn. Spanish construction giant Ferrovial and its investment partner Macquarie have struck a deal to offload AGS Airports to AviAlliance for £900m, whilst taking on an additional £653m of debt. The agreement is scheduled for completion in the first quarter of next year, subject to regulatory approvals. AGS Airports owns and...