Corporación América Airports Acquires Full Ownership of Corporación América Italia, Boosting Stake in Toscana Aeroporti
Corporación América Airports S.A. $(CAAP)$ announced on May 28, 2025, that it has increased its stake in Corporación América Italia S.p.A. $(CAI.AU)$ to 100% by acquiring the remaining 25% interest from the Investment Corporation of Dubai. The transaction was executed through a share swap agreement, with CAAP issuing 1,996,439 new shares to ICD as compensation. This acquisition enhances CAAP's indirect economic interest in Toscana Aeroporti S.p.A., which operates Pisa and Florence airports, by 15.6%, thereby reinforcing its strategic position in the Italian airport sector.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Corporacion America Airports SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-053638), on May 28, 2025, and is solely responsible for the information contained therein.
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