Linklaters advises AviAlliance in connection with the €2.46bn IPO of Athens International Airport
Linklaters has advised AviAlliance GmbH in connection with the IPO of Athens International Airport ("AIA") on the Athens Stock Exchange. The IPO, which priced at the top of the price range, is the largest in Greece for over two decades and the largest in Europe this year.
AviAlliance (the airport investment platform of PSP Investments) is one of the world’s leading airport investors and managers currently holding stakes in the airports of Athens, Budapest, Düsseldorf, Hamburg and San Juan (Puerto Rico). As part of the IPO, AviAlliance acquired a further 10% of AIA's shares and obtained sole control over AIA.
Tom Thorne commented:
“I am very proud of our global platform for assisting AviAlliance on such a landmark transaction in Greece and in the European infrastructure sector more broadly. Athens International Airport is one of the most significant airports in Europe and it is fantastic to see it listed on the Athens Stock Exchange.”
The Linklaters team was led by Corporate partners Tom Thorne and David Martin, alongside Corporate managing associate Miles Ma and associate Aaron Khan. The team was also supported by partner William Leslie and associate Sari Corrijn from the Antitrust & Foreign Investment Group in Brussels and a number of European Capital Markets teams.
This transaction showcases Linklaters’ wealth of in-depth expertise in the Infrastructure sector and in European capital markets.