Allens Arthur Robinson and Freshfields Bruckhaus Deringer have advised on a $1.7 billion cross-border airport asset swap.
MAp Airports Ltd., a Sydney-based airport management company that operates under Macquarie Group Ltd., has exchanged its respective 39 percent and 30 percent interests in the Brussels and Copenhagen airports for the 11 percent stake in Sydney Airport held by the Ontario Teachers’ Pension Plan Board. As part of the deal, MAp will also pay the pension fund an additional $857 million.
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