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Evening Standard
Evening Standard
Holly Williams

Aberdeen, Glasgow and Southampton airports owner sold in £1.53bn deal

Aberdeen AGS Airports Glasgow Southampton AGS Gerhard Schroeder
The three airports provide connecting services to communities across Scotland the South East (Andrew Milligan/PA) - (PA Archive)

The group behind Aberdeen, Glasgow and Southampton airports is being sold in a deal worth more than £1.53 billion, it has been announced.

Spanish construction giant Ferrovial and joint venture partner Macquarie agreed to sell AGS Airports to AviAlliance for £900 million, while the buyer will also take on £653 million in debts.

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