Aecon Completes Sale Of 49.9% Of Skyport
Aecon Group Inc. announced the “closing of the previously disclosed agreement with Connor, Clark & Lunn Infrastructure to sell a 49.9% interest in the L.F. Wade International Airport [Bermuda International Airport] concessionaire, Bermuda Skyport Corporation Limited.”
“The final sale price was US$120 million following certain closing adjustments,” the company said. “Aecon Concessions will retain the management contract for the airport and remain the controlling shareholder of Skyport, owning a 50.1% interest.”
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