ASUR Completes Acquisition of URW Airports, Expanding to Major U.S. Airport Hubs [Yahoo! Finance]
Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR)
Last grupo aeroportuario del sureste, s.a. de c.v. earnings: 4/23 04:41 pm
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Source: Yahoo! Finance
subsidiary ASUR US Commercial Airports, LLC has completed the acquisition of URW Airports, LLC, the retail developer and operator of terminals at John F. Kennedy International Airport, Los Angeles International Airport, and Chicago O'Hare International Airport, for an enterprise value of $295 million U.S. Dollars. The purchase was completed with ASUR US Commercial Airports, LLC acquiring all of the issued and outstanding equity interest of URW Airports, LLC from Unibail-Rodamco-Westfield's wholly owned subsidiary Westfield Development, Inc. The acquired entity will be called ASUR Airports, LLC (ASUR Airports). ASUR is a leading international airport operator with a portfolio of concessions to operate, maintain, and develop 16 airports in the Americas. In the mainland-U.S., the company will operate as ASUR Airports, which will look to grow its network, including airport and airport terminal development initiatives. This acquisition marks ASUR's strategic expansion of its U.S. airpo
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- Global Growth Companies Insiders Favor With Up To 49% Earnings Growth [Yahoo! Finance]Yahoo! Finance
- ASUR Completes Acquisition of URW Airports, Expanding to Major U.S. Airport HubsPR Newswire
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- ASUR Calls for a Shareholders' MeetingPR Newswire
- Grupo Aeroportuario del Sureste (NYSE:ASR) was upgraded by analysts at Scotiabank from a "sector perform" rating to a "sector outperform" rating.MarketBeat