12-Aug-2010 11:52 AM
Map: divestment of interest in ASUR
Direct News Source
12-Aug-2010 Following a successful book build and public offering of its 16% interest in Grupo Aeroportuario del Sureste de Mexico S.A.B de C.V. (ASUR), MAp anticipates that it will exit its investment for approximately US$207m1. Completion will occur shortly.
MAp Chief Executive Officer, Ms Kerrie Mather, said "Having determined that we will not be able to bring our active management model to bear, MAp took steps to exit the investment in ASUR as soon as practically possible whilst optimising proceeds."
JP Morgan and Macquarie Capital are acting as joint-book running managers for the offering.