IFM increases stake in Flughafen Wien to 43%

Flughafen Wien AG

10/02/2023 11:07

Feb 10 (Reuters) - IFM, through its subsidiary Airports
Group Europe, acquired an additional 3.77% of Flughafen Wien
 VIEV.VI , as part of its attempt to take over the Austrian
airport operator, it said on Friday.
    This pushes IFM Global Infrastructure Fund's stake in
Flughafen Wien to 43.44%. It is already the single largest
shareholder of the Vienna-based firm.
    Flughafen Wien had reiterated last January its call not to
accept IFM's offer of 34 euros per share, deeming the valuation
too low and the potential delisting of the Vienna Stock Exchange
contrary to its interests.
 (Reporting by Tristan Chabba in Gdansk; editing by Matthias
Williams)
 ((Tristan.Chabba@thomsonreuters.com;))