The Airports Group Europe S.à. r.l. from Luxembourg which is owned by the IFM Global Infrastructure Fund has released a public mandatory offer to buy 20 to 29.9 percent of the nominal capital of Vienna International Airport. This acquisition was already approved by the take-over commission. Law firm Wolf Theiss advises the seller, Vienna International Airport.

It has been four weeks since IFM announced its interest in a minority stake of the Vienna International airport. Since then, the offer has been approved by the take-over commission. IFM intends to position itself as a longterm investor and could spend up to EUR 500 million for the shares. Conditions are that the acquisition contains at least a 20 percent stake of the nominal capital that would be approximately 4.2 Mio. shares and that the competition authorities agree on the deal without any further additional requirements.

International law firm Wolf Theiss, which has its focus on CEE and SEE, is advising the Vienna International Airport on all legal aspects of this transaction under the lead of partner Peter Oberlechner and counsel Hartwig Kienast.