Flughafen Wien (Vienna Airport) is to make a €3 per share offer for Canadian-based SNC Lavalin’s stake in Malta International Airport.
Since the Mediterranean island airport was privatised in 2002, 40% of it has been held by Malta Mediterranean Link Consortium, in which Flughafen Wien AG has a 57.1% holding via its subsidiary VIE (Malta) Ltd.
Flughafen Wien also provides operating management and directly holds a further 10.1% of the shares in the airport through VIE (Malta), giving a current total holding of just under 33%, rising to over 48% if the offer is accepted.