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Singapore's airport purchases 5% of Gemina (AdR)

Singapore , Singapore - USD 71 million for acquiring shares

Changi airport group (Cag), through its wholly-owned subsidiary Changi airports international (Cai), has acquired a 5% stake in Gemina SpA, the holding company of Aeroporti di Roma (AdR). The S$100 million acquisition makes Cai one of the key shareholders of Gemina SpA, which is listed on the Milan Stock Exchange. It represents Cai’s largest investment to date and marks a major step forward in C...

AVIONEWS - World Aeronautical Press Agency - 1115053
Rome, Italy, 03/01/2010 19:32
AVIONEWS - World Aeronautical Press Agency

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