The London-listed funding group ICG is closing in on a £200m deal to purchase three of Britain’s greatest regional airports.
Sky Information has learnt that ICG is anticipated to signal a proper settlement to purchase Bournemouth, Exeter and Norwich airports later this month.
The trio of web sites collectively serve simply over 2 million passengers yearly.
ICG is shopping for the airports from Rigby Group, a privately owned conglomerate which has pursuits within the accommodations, software program and expertise sectors.
Exeter acted because the hub for Flybe, the regional provider which collapsed within the aftermath of the pandemic.
The deal will come amid a frenzy of exercise involving Britain’s main airports as infrastructure buyers search to use a restoration of their valuations.
AviAlliance, which is owned by the Canadian pension fund PSP Investments, agreed to purchase the mother or father firm of Aberdeen, Glasgow and Southampton airports for £1.55bn final 12 months.
London Metropolis Airport’s shareholder base has simply been shaken up with a deal which noticed Australia’s Macquarie take a big stake.
French investor Ardian has elevated its funding in Heathrow Airport because the UK’s greatest aviation hub proposes an growth that can value tens of billions of kilos.
ICG and Rigby Group declined to remark .
