Hungary and Vinci Buy Budapest Airport in $4.7 Billion Deal [Financial Post (Toronto, Ontario, Canada)]
VINCI SA UNSP/ADR (VCISY)
NASDAQ:AMEX Investor Relations:
vinci.com/vinci.nsf/en/investors.htm
Company Research
Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Hungary and French construction giant Vinci SA are buying Budapest Airport Zrt. in a deal that valued the central European hub at €4.3 billion ($4.7 billion), according to people familiar. The new owners paid €3.1 billion for the airport's equity and assumed a net debt of €1.2 billion, said one of the people, with direct knowledge of the transaction. Prime Minister Viktor Orban has championed the acquisition as part of a broader push to boost local ownership in strategic assets. Article content Hungary purchased an 80% stake in the hub while Vinci took the rest, other people said. They all asked not to be named discussing confidential information. The deal, which had been cleared by the European Union, was closed upon signing. AviAlliance GmbH, the German operator of the Hungarian hub and its biggest shareholder, confirmed the sale in a statemen
Show less
Read more
Impact Snapshot
Event Time:
VCISY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VCISY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VCISY alerts
High impacting VINCI SA UNSP/ADR news events
Weekly update
A roundup of the hottest topics
VCISY
News
- Qatar Holding LLC steps down from the VINCI's Board of Directors [Yahoo! Finance]Yahoo! Finance
- Virginie Leroy joins VINCI's Executive Committee [Yahoo! Finance]Yahoo! Finance
- SSP and The Breakfast Club open café at St Pancras station, London, UK [Yahoo! Finance]Yahoo! Finance
- VINCI acquires a 20% shareholding in the Budapest airport concession company and becomes the platform operator [Yahoo! Finance]Yahoo! Finance
- VINCI steps up its road operations in North America [Yahoo! Finance]Yahoo! Finance