Blackstone (BX) announced that Blackstone’s infrastructure strategy for individual investors has agreed to acquire a minority stake of 22% in AGS Airports, a platform of high-quality freehold airports providing access to key UK markets, from AviAlliance for GBP 235M. Blackstone’s investment, together with AviAlliance and PSP Investments, is intended to support the continued growth of the travel and tourism industries across the United Kingdom. AviAlliance will remain the majority shareholder in AGS with a 78% stake.
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