Vinci Finalizes Purchase of Stake in Mexican Airport Operator OMA
December 08 2022 - 4:22AM
Dow Jones News
By Pierre Bertrand
Vinci SA on Thursday said that its airports business has
finalized its $1.17 billion acquisition of Fintech Advisory Inc.'s
29.99% stake in Mexican airport operator Grupo Aeroportuario del
Centro Norte SAB de CV.
Vinci Airports is now the largest shareholder in the airport
operator known as OMA, Vinci said.
OMA will operate 13 airports in Mexico until 2048, including
Monterrey's international airport, which handles about half of
OMA's passenger traffic, Vinci said.
Vinci said it will contribute to operating the airports and
plans to start direct flights between Monterrey and the U.S. cities
of Los Angeles, Houston, Detroit and Austin.
Monterrey is Mexico's industrial capital and the country's
second-largest city, Vinci said.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
December 08, 2022 05:07 ET (10:07 GMT)
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