Airports Group Europe S.à r.l. agreed to acquire a 9.9% stake in Flughafen Wien Aktiengesellschaft (WBAG:FLU) for approximately €290 million on August 5, 2022. The offers price to acquire shares revised to €34 per share. The offers price to acquire shares at the price of €33 per share.

Airports Group Europe S.à r.l. currently holds 40% plus nine shares of Flughafen Wien AG. The board's opinion was reviewed and positively assessed by an expert appointed by the company and unanimously adopted by the Supervisory Board of FWAG. the Management Board of Flughafen Wien AG advises shareholders to reject the purchase offer as offer price deemed to be low & moreover, the Management Board sees the danger that an acceptance of the offer will further reduce liquidity and thus the tradability of the share.

In turn, this could ultimately lead to a delisting of the FWAG share from the stock market, a step which neither the Management Board nor the Supervisory Board favours.The Acceptance Period for this offer ends on October 6, 2022. As of January 24, 2023 National Foreign Direct Investment Screening Office and Austrian Ministry of Economic Affairs approved the transaction. E&H Rechtsanwälte GmbH, Latham & Watkins (London) LLP and Simpson Thacher & Bartlett LLP acted as legal advisor to Airports Group Europe S.à r.l.