The London-listed funding group ICG is closing in on a £200m deal to purchase three of Britain’s greatest regional airports.
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 know-how sectors.
Exeter acted because the hub for Flybe, the regional service which collapsed within the aftermath of the pandemic.
The deal will come amid a frenzy of exercise involving Britain’s main airports as infrastructure traders search to take advantage of a restoration of their valuations.
AviAlliance, which is owned by the Canadian pension fund PSP Investments, agreed to purchase the dad or mum firm of Aberdeen, Glasgow and Southampton airports for £1.55bn final yr.
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 price tens of billions of kilos.
ICG and Rigby Group declined to remark .
