{"id":1119,"date":"2004-04-13T00:00:00","date_gmt":"2004-04-13T00:00:00","guid":{"rendered":"https:\/\/newsroom.ferrovial.com\/press_releases\/ferrovial-sells-its-stake-aeropuertos-del-sureste-of-mexico\/"},"modified":"2022-12-21T12:27:22","modified_gmt":"2022-12-21T11:27:22","slug":"ferrovial-sells-its-stake-aeropuertos-del-sureste-of-mexico","status":"publish","type":"press_release","link":"https:\/\/newsroom.ferrovial.com\/en\/press-releases\/ferrovial-sells-its-stake-aeropuertos-del-sureste-of-mexico\/","title":{"rendered":"Ferrovial sells its stake in Aeropuertos del Sureste of M\u00e9xico"},"content":{"rendered":"    <section class=\"wysiwyg text-editor \" id=\"\">\n        <div class=\"container container--narrow container--p-10\">\n            <p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" alt=\"\" src=\"https:\/\/www.ferrovial.com\/wp-content\/uploads\/2007\/05\/img_112350429106_2242005135916.gif\" width=\"200\" height=\"86\" \/>To two of its current shareholders for 28.2 million dollars<\/strong><\/p>\n<p><strong>Airports are still a strategic business for Ferrovial: it manages airports in Australia, the UK and Chile which handle over 30 million passengers per year.<\/strong><\/p>\n<p>Ferrovial has sold its 24.5% stake in ITA (Inversiones y T\u00e9cnicas Aeroportuarias), which owns 15% of Aeropuertos del Sureste of M\u00e9xico, to two other shareholders of ITA (11% to Copenhagen Airport and 13.5% to local investor Fernando Chico Pardo) for 28.2 million dollars (22.3 million euros).<\/p>\n<p>Although Ferrovial\u00b4s participation in airport group ITA has been decisive since the latter\u00b4s incorporation, it was not large enough to enable Ferrovial to directly manage ITA\u00b4s strategic decisions and development, which is why Ferrovial has divested those assets.<\/p>\n<p>In 1998, Inversiones y T\u00e9cnicas Aeroportuarias (ITA) obtained a 50-year concession to manage nine airports in South East Mexico, including Cancun. ITA also advised the Mexican government on the IPO of Aeropuertos del Sureste de M\u00e9xico, which is listed on the New York and Mexican stock exchanges. ITA\u00b4s ownership structure is now as follows: Copenhagen Airport (36.5%), Fernando Chico Pardo (38%) and Nacional Financiera, S.N.C. (25.5%), the latter controlled by the Mexican government.<\/p>\n<p><strong>Airport management -a strategic business for Ferrovial<br \/>\n<\/strong><br \/>\nPrivate-sector airport infrastructure development is a strategic business for Ferrovial. After this deal, Ferrovial is still actively involved in airport management: Sydney (Australia), Bristol and Belfast (the UK) and Antofagasta (Chile), handling over 30 million passengers.<\/p>\n<p>After five years in this activity, Ferrovial has attained a significant presence in the airport privatisation market in terms of invested equity (over 300 million euros) and the soundness of its investments. Its portfolio includes one of the worlds principal hubs (Sydney) and two major regional airports in the European Union (Bristol and Belfast).<\/p>\n        <\/div>\n    <\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","nivel-2":[1147,1083,1856,1137,1149,1847],"nivel-5":[1730],"nivel-1":[902],"nivel-3":[],"nivel-4":[],"class_list":["post-1119","press_release","type-press_release","status-publish","hentry","nivel-2-airport-infrastructure","nivel-2-aviation","nivel-2-disinvestment","nivel-2-facilities","nivel-2-infrastructures","nivel-2-management","nivel-5-cintra-en","nivel-1-airports"],"acf":[],"yoast_head":"<title>Ferrovial sells its stake in Aeropuertos del Sureste of M\u00e9xico Ferrovial<\/title>\n<meta name=\"description\" content=\"Sala de prensa Ferrovial | \u00daltimas noticias\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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