APG / QIC / Swiss Life €2 billion acquisition of 36% stake in Brussels Airport

19/3/2019
Private acquisition, Real estate acquisition

€ 2 billion

$ 2.216 billion

Announced

19/3/2019


Overview:

  • A consortium comprising of investment groups QIC, APG and insurer Swiss Life has agreed to acquire a 36% stake in Brussels Airport.
  • APG and QIC take a 16.8% stake, while Swiss Life takes a 2.4% stake.

Prin Shasiharan - Researcher

Jurisdictions:

Belgium
France
Luxembourg

Deal types:

Private acquisition
Real estate acquisition

Practice area:

M&A

Industry sectors:

Aviation
Real estate


Firms:

Party: Brussels Airport Company (Target)


Party: Macquarie Infrastructure and Real Assets (MIRA) (Seller)


Party: APG Asset Management (Acquirer)

Party: QIC (Acquirer)

Party: Swiss Life (Acquirer)


Party: Ontario Teachers' Pension Plan (Shareholder)