F2i Retains Control of 2i Aeroporti Amid CDP Stake Deal

F2i Affirms Control Over 2i Aeroporti

Italian investment fund F2i announced it will maintain majority control of airport operator 2i Aeroporti. This follows a non-binding agreement for state-backed investor CDP Equity to acquire a minority stake of 8.9% in the company.

Transaction Overview

CDP Equity is set to purchase an 8% stake from Spain’s Asterion and a 0.9% stake from F2i. The deal involves 2i Aeroporti, which operates six major Italian airports, including facilities in Milan, Naples, and Turin. F2i explicitly stated the transaction will not alter the existing control structure.

Before this agreement, F2i held 51% of 2i Aeroporti, while Asterion owned the remaining 49%.

Market Implications and Clarifications

The announcement directly addresses and denies a report by Italian newspaper Il Sole 24 Ore, which suggested CDP Equity's acquisition was a preliminary move to gain full control of the airport operator. F2i's statement provides clarity to the market, reinforcing stability in the governance of key national infrastructure assets.

Summary

The transaction introduces CDP Equity as a significant minority shareholder but solidifies F2i's continued leadership. The market will now await the finalization of the deal, with the understanding that the strategic control of 2i Aeroporti remains unchanged.

FAQ

Q: Who will control 2i Aeroporti after the transaction?
A: The Italian investment fund F2i will retain its majority stake and control over the company.

Q: What is the total stake CDP Equity will acquire?
A: CDP Equity will acquire a minority stake totaling 8.9%.

Q: Is this deal a precursor to a full takeover by CDP Equity?
A: F2i has officially denied reports of a future takeover, confirming the control structure will remain as is.

Source: Investing.com