Saturday, July 20, 2024

Fraport to sell stake in Hanover Airport to iCON Flughafen

Frankfurt Airport operator Fraport is to sell its 30 per cent stake in Hanover Airport to iCON Flughafen for €109.2 million. Fraport acquired shares in Hanover Airport’s operating company, Flughafen Hannover-Langenhagen GmbH (FHLG) in two steps, initially 20 per cent in 1998, followed by another 10 per cent in 2003. The other 70 per cent […]