Vinci to Buy Almost 30% of Mexican Airport Group OMA

By Cecilia Butini

Mexican airport group Grupo Aeroportuario del Centro Norte SAB de CV, known as OMA, said late Sunday that Fintech Advisory Inc. has entered into an agreement with a subsidiary of Vinci Airport SAS to indirectly sell 29.9% of OMA's capital stock.

The deal will be implemented through the sale to Vinci of OMA subsidiaries Servicios de Tecnología Aeroportuaria, SA de CV--known as SETA--and Aerodrome Infrastructure Sarl, the company said. The purchase price for the sale of SETA is about $587.7 million, while the price agreed on for Aerodrome is about $236.7 million, OMA said.

Write to Cecilia Butini at [e-mail]

(END) Dow Jones Newswires

08-01-22 0228ET