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Fraport to sell partial stake in Thalita (Pulkovo Airport) to Qatar Investment Authority

Frankfurt, Germany - 10,5% of the shares. The closing will be completed in the 2H 2016. Soon QIA will have nearly 25% of the airport stakes

Fraport AG Frankfurt Airport (Fraport AG) and its consortium partners at Pulkovo Airport reached yesterday an agreement to sell part of their shares in Thalita Trading Ltd. (Thalita) to Qatar Investment Authority (QIA). Thalita is the parent company of Northern Capital Gateway LLC consortium, which has the 30-year concession for operating Pulkovo Airport (LED) in St. Petersburg, Russia. Fraport will...

fra/pec - 1176891

AVIONEWS - World Aeronautical Press Agency
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