OTPP sells stakes in UK airports, seeks to sell more in Europe for over £3.5 billion.

The Ontario Teachers' Pension Plan (OTPP) is selling its stakes in three UK airports—London City, Birmingham, and Bristol—amid a rebound in air travel post-pandemic. OTPP is also in talks with minority shareholders to sell stakes in Brussels and Copenhagen airports, potentially bringing the total sale value over £3.5 billion. The entire portfolio of five airports is valued at over £10 billion.

November 23, 2024
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