Spain's Abertis to sell airports in NIreland and Sweden

22nd July 2013, Comments 0 comments

Spanish infrastructure group Abertis on Monday said it has agreed to sell two European airports to American operator ADC & HAS Airports Worldwide for 284 million euros ($373 million).

The deal concerns the sale of the Belfast International Airport in Northern Ireland as well as Sweden's Stockholm Skavsta Airport. It also includes the divestment of some assets held in the United States.

The agreement, which needs approval from regulatory authorities, was signed by TBI -- an operator owned to 90 percent by Abertis.

In March, Abertis announced the sale of its airport in Cardiff and in early June it said it was considering divesting its London Luton Airport.

© 2013 AFP

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