CAAP Further Increases Its Stake in Toscana Aeroporti
CAAP Further Increases Its Stake in Toscana Aeroporti
Acquisition of Additional Toscana Aeroporti Shares Reinforces CAAP's Strategic Position in Italy
Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the world’s leading private airport operators, announced today that Corporación América Italia S.p.A. ("CAI"), a wholly-owned subsidiary of CAAP, has acquired an aggregate of 1,077,402 shares of Toscana Aeroporti S.p.A. ("TA") from SOGIM, representing approximately 5.789% of TA's outstanding share capital, for an aggregate purchase price of EUR 19.0 million. The transaction was funded through a combination of CAI's existing cash and capital contribution provided by CAAP.
The acquisition forms part of CAAP's strategy to further strengthen its position in Toscana Aeroporti S.p.A., the Company’s subsidiary that operates the Pisa and Florence airports. CAAP's indirect economic interest in TA increased from 62.283% to 68.072%.
About Corporación América Airports
Corporación América Airports acquires, develops and operates airport concessions. Currently, the Company operates 52 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy). In 2025, Corporación América Airports served 86.7 million passengers, 9.8% above the 79.0 million passengers served in 2024. The Company is listed on the New York Stock Exchange where it trades under the ticker “CAAP”. For more information, visit http://investors.corporacionamericaairports.com.
Investor Relations Contact
Patricio Iñaki Esnaola
Email: patricio.esnaola@caairports.com
Phone: +5411 4899-6716
View source version on businesswire.com: https://www.businesswire.com/news/home/20261014834527/en/
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy for the Long-Term While They’re Still Undervalued
Why This Vanguard ETF Is One of the Best
2 Undervalued Stocks to Buy With Long-Term Growth Ahead
The Market May Be Too Pessimistic About This 4-Star Dividend Stock