France's Vinci buys Fintech's stake in Mexico's OMA in $815 mln deal (updated)

Grupo Aeroportuario Del Centro Norte SAB De CV

01/08/2022 04:27

(Adds details of deals, price)
    MEXICO CITY, July 31 (Reuters) - Mexican airport operator
Grupo Aeroportuario del Centro Norte, or OMA  OMAB.MX , said on
Sunday that Fintech Advisory Inc entered into a deal worth about
$815 million with a unit of France's Vinci  SGEF.PA  to divest
its 29.9% stake in OMA. 
    Fintech, controlled by Mexican billionaire David Martinez,
would implement the sale to Vinci through the transfer of 100%
of the equity interests in Servicios de Tecnologia Aeroportuaria
(SETA) and Aerodrome Infrastructure, OMA said in a statement.
    The purchase price for the sale of SETA was worth about
$578.7 million, OMA said. The price agreed for the sale of
Aerodrome, net of debt, including intercompany debt between
Aerodrome and certain affiliates of Fintech, was about $236.7
million. 
    The transaction was subject to regulatory approvals, the
statement said.
    OMA operates 13 international airports in nine states of
central and northern Mexico.

 (Reporting by Cassandra Garrison; Editing by Christian
Schmollinger and Muralikumar Anantharaman)
 ((Cassandra.Garrison@thomsonreuters.com; +52 55 6200 7873;))