IFLR1000

China Everbright €81.1 million acquisition of Tirana International Airport

7/10/2016
Public acquisition
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€ 81.1 million

$ 85.293 million

Announced

7/10/2016

Overview:

  • China Everbright has acquired Tirana International Airport for an estimated €81.1 million.
  • The airport's shareholders included AviAlliance, DEG - Deutsche Investitions-und Entwicklungsgesellschaft and the Albanian-American Enterprise Fund (AAEF).
  • China Everbright is the international investment arm of the state-owned China Everbright Group.
  • The deal is the first investment in Albania by a Chinese company and is in line with China's so called 'one belt one road' investment strategy across the CEE.

Sam Duke - Editor

Jurisdiction:

Albania

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

Albania

Industry sectors:

Transport
Aviation

Firms:
Bird & Bird

Party: China Everbright Ltd (Acquirer)

Boga & Associates

Party: China Everbright Ltd (Acquirer)

Party: Friedmann Pacific Assets Management (Acquirer)

Lawyers: Alketa Uruçi, Genc Boga

Hoxha Memi & Hoxha

Party: Albanian-American Enterprise Fund (Seller)

Lawyer: Selena Ymeri

Kalo & Associates

Party: Deutsche Investitions- und Entwicklungsgesellschaft mbh (DEG) (Seller)

Party: Albanian-American Enterprise Fund (Seller)

Party: AviAlliance (Seller)

Lawyer: Pёrparim Kalo

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