Australia's MAp increases stake in Brussels airport

Australia-based MAp Airports has acquired an additional 3% stake in Brussels airport for €46.3 ($66.7 million).

The purchase increases MAp's stake in the airport to 39% from 36%, says the company.

MAp acquired the stake from Global Infrastructure Fund II, which is managed by MAp's former parent, the investment bank Macquarie Group.

MAp retains joint control of Brussels airport, in which the Belgian Government owns 25%.

MAp was formerly known as Macquarie Airports.

Source: Air Transport Intelligence news