A&O Shearman advises Marguerite on the sale of its stake in Fraport Greece

Marguerite invested in Fraport Greece in 2017, at the launch by the Greek government of a 40-year concession covering 14 regional airports. Marguerite is now exiting its investment through the sale of its stake to a U.S. investment fund.

Since its initial investment, Marguerite has supported the modernization and expansion of Greece’s regional airport network, which includes airports located in major tourist destinations such as Thessaloniki, Corfu, Rhodes, Chania (Crete), Mykonos, and Santorini.

Alexandre Ancel, partner at A&O Shearman, commented:

The A&O Shearman team was led by Paris-based partner Alexandre Ancel and counsel Julie Parent, with Karatzas & Partners acting as co-counsel to Marguerite.