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Atlantia agrees acquisition of Yunex Traffic from Siemens

Existing airport assets are expected to benefit from operating and business synergies -VIDEO

Atlantia has yesterday entered into agreement with the Siemens Group for the acquisition of Yunex Traffic at a price of €950m (Enterprise Value), to be funded from available cash. Signature of the agreement marks the conclusion of a bidding process launched by Siemens in recent months, and which has seen Atlantia beat off competition from a large number of international bidders. Munich-based Yunex Tr...

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AVIONEWS - World Aeronautical Press Agency
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