Invepar sells 10% stake in Brazilian airport to ACSA

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Invepar sells 10% stake in Brazilian airport to ACSA

Invepar has sold a 10 percent stake in the  São Paulo/Guarulhos-Governador André Franco Montoro International Airport to Airports Company South Africa SOC Limited (ACSA)

After the deal, GRUPAR, the company that owns a 51% stake in the airport, will be owned by Invepar (80%) and ACSA (20%)

The airport is the main international airport serving São Paulo. It was ranked first in terms of transported passengers, aircraft operations, and cargo handled in 2012 in Brazil. It was the busiest airport in Latin America by passenger traffic (39,573,000 in 2014).

Since 2012, the airport has been operated by a consortium composed of Invepar, ACSA, and Infraero. Some of its facilities are shared with the São Paulo Air Force Base of the Brazilian Air Force.

This announcement comes after we reported, in early October, that Brazil's government was considering selling half of its 49 percent stake in the concessionaires in charge of five major airports:

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