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VCISY Vinci SA (PK)

29.86
-1.07 (-3.46%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Vinci SA (PK) USOTC:VCISY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -1.07 -3.46% 29.86 29.75 29.86 30.11 29.79 30.11 44,778 20:59:59

Vinci Finalizes Purchase of Stake in Mexican Airport Operator OMA

08/12/2022 10:22am

Dow Jones News


Vinci (PK) (USOTC:VCISY)
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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)

Copyright (c) 2022 Dow Jones & Company, Inc.

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