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A&O Shearman advises Argentina’s Corporación América Airports in completion of acquisition of Corporación América Italia

A&O Shearman advises Argentina’s Corporación América Airports in completion of acquisition of Corporación América Italia
Published Date
Jun 13 2025
A&O Shearman advised Argentina’s Corporación América Airports S.A. (NYSE: CAAP), one of the world’s leading private airport operators, in connection with its acquisition, through its Spanish subsidiary Dicasa Spain S.A.U., of the remaining 25% interest in Corporación América Italia S.p.A. (CAI) from the Investment Corporation of Dubai (ICD), thereby increasing its total interest in CAI to 100%.

The transaction was completed through a share swap agreement, with CAAP delivering 1,996,439 newly issued shares to ICD as consideration for the 25% interest in CAI. An internationally recognized firm was engaged to provide an independent fairness opinion.

With this acquisition, CAAP has increased its indirect economic interest in Toscana Aeroporti S.p.A. by 15.6%, further strengthening its strategic position in the Italian airport sector.

The A&O Shearman team was led by Capital Markets partner Alejandro Gordano, M&A partner George Karafotias, and M&A associate Sebastian de la Puente.

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