Shanghai Yiqian Trading Co to buy majority stake in Frankfurt Hahn Airport

FDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMSFDX: CONF CALL FDX: EARNINGS BEAT FDX: FREIGHT SPIN-OFF UPSIDEPLD: 'OPPORTUNISTIC DEAL-MAKING'PLD: REJECTED BY SEGROPLD: HUNTINGKNIN: BOND FINANCINGWTC: UP WE GO

FDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMSFDX: CONF CALL FDX: EARNINGS BEAT FDX: FREIGHT SPIN-OFF UPSIDEPLD: 'OPPORTUNISTIC DEAL-MAKING'PLD: REJECTED BY SEGROPLD: HUNTINGKNIN: BOND FINANCINGWTC: UP WE GO

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By signing a purchase agreement with Chinese investor Shanghai Yiqian Trading Co. Limited, the federal state of Rhineland-Palatine has concluded the selling process for its majority stake of 82,5% in Frankfurt Hahn Airport. “The takeover by a private investor marks the beginning of a new chapter at Hahn Airport which will give new impetus for further developing the airport”, said Roger Lewentz, Minister of the Interior of Rhineland-Palatinate. The sale will have to be approved by the Parliament of the federal state before its summer break via a law for the selling of Hahn which has already been announced by Prime Minister Malu Dreyer.

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