Budapest Airport Sold for 3.1 Billion Euros to State & French Co-Investor
- 7 Jun 2024 10:01 AM
- Hungary Matters
“We’ve got it back: the airport is once again in Hungarian hands,” he said.
The purchase involving state-owned Corvinus Zrt acquiring an 80% stake was made in partnership with French-owned Vinci Airports, which acquired 20%, the minister said. The purchase price was 3.1 billion euros.
An agreement was reached with a consortium of lenders on extending 1.44 billion euros of loans taken out by Budapest Airport’s former owners, AviAlliance, owned by Canada’s Public Sector Pension Investment Board.
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