Cash inflow of EUR 308 millionImportant milestone reached in closing of sale of entire Airport business lineCompletion of entire transaction planned before the end of the year HOCHTIEF has transferred its shares in Sydney Airport to the Canadian investor Public Sector Pension Investment Board (PSP Investments, Canada). The transaction results in a cash inflow of EUR 308 million and is an important milestone for the closing of the sale of the entire Airport business line to PSP Investments for a total of approximately EUR 1.1 billion.
HOCHTIEF continues to expect that complete closing will be achieved before the end of the year.
