MAp to sell stake in Mexican airport operator

Mexican airport operator Grupo Aeroportuario del Sureste has filed for the sale of the stake owned by Australian airport operator MAp Airports International, Reuters reported.

ASUR, as the company is known, said about 43.6 million of its series B shares are expected to be offered for sale in the secondary offering, according to a statement filed with the US Securities and Exchange Commission.

The proposed sale, including over-allotments, would represent about 16 percent of its total equity, ASUR said.

It said JMEX would receive all proceeds from the offering. JMEX is a vehicle established by MAp, which announced last week plans to sell its stake in ASUR.
(Source:www.cargonewsasia.com)