Corporación América Airports Acquires Full Ownership of Corporación América Italia, Boosting Stake in Toscana Aeroporti

Reuters
29 May
Corporación América Airports Acquires Full Ownership of Corporación América Italia, Boosting Stake in Toscana Aeroporti

Corporación América Airports S.A. $(CAAP)$ announced on May 28, 2025, that it has increased its stake in Corporación América Italia S.p.A. $(CAI.AU)$ to 100% by acquiring the remaining 25% interest from the Investment Corporation of Dubai. The transaction was executed through a share swap agreement, with CAAP issuing 1,996,439 new shares to ICD as compensation. This acquisition enhances CAAP's indirect economic interest in Toscana Aeroporti S.p.A., which operates Pisa and Florence airports, by 15.6%, thereby reinforcing its strategic position in the Italian airport sector.

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