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Fraport raises stake in Lima Airport

It increases its majority stake and it plans the expansion

Fraport AG has purchased a further 10-percent stake in Lima Airport Partners Srl (LAP) –operator consortium of "Jorge Chavez International Airport" Lima– from AC Capitales’ Infrastructure Fund, which held the stake for over 10 years.The acquisition raises Fraport’s majority ownership in LAP from 70.01 percent to 80.01 percent. The share deal strengthens Fraport’s position as LAP’s main shareholder...

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AVIONEWS - World Aeronautical Press Agency