Arias Costa Rica advised the Ontario Municipal Employees Retirement (“OMERS”), in their sale of an equity participation in Airports Worldwide, including the sale of two of its most important airports, Aeropuerto Internacional Juan Santamaría and Aeropuerto Internacional Daniel Oduber. Airports Worldwide is a privately-held, multinational company with a successful and proven track record of investments and operations in airports in America and Europe.
Arias participated in all of the stages of sale, including (i) the vendors’ due diligence, (ii) documentation drafting and negotiation, (iii) transaction execution and closing,, and (iv) advice on the regulatory approvals, including merger control, where the company sold 48.75% of its participation in Aeropuerto Internacional Juan Santamaría and 45% of its participation in Aeropuerto Internacional Daniel Oduber, this transaction opens the way for the Vinci Airports Company to strengthen its position in Latin America.
Arias Team of advisors to Airports Worldwide (Seller):
Andrey Dorado (Partner)
Carlos Ubico (Partner)
Carlos Camacho (Partner)
Tracy Varela (Associate)
Alonso Miranda (Associate)
Gloriana Fernández (Associate)