Airports Group Europe S.à r.l., an indirect subsidiary of IFM Global Infrastructure Fund, has published a voluntary public offer to increase its non-controlling minority stake by up to 10.0% to up to 39.9% of the share capital in Vienna Airport (Flughafen Wien AG).

The acceptance period of the Offer ended on 28 April 2016, 15:00 (Vienna time). In total 1,734,414 shares were tendered into the offer before the expiry of the acceptance period; this corresponds to 8.26% of the share capital. In total IFM holds 38.16% of the shares in Flughafen Wien.

The offer price of €100 (US$115.4) per share will be paid by the receiving and payment agent to the shareholders.

Flughafen Wien AG, a publicly traded airport operator in Europe, was privatized in 1992. The state of Lower Austria and the City of Vienna each hold 20% of the shares, the private employee participation foundation holds 10%, with the remaining 50% held privately.

Vienna International Airport is located in Schwechat, 18 km southeast of central Vienna and 57 km west of Bratislava. It is the country's biggest airport and serves as the hub for Austrian Airlines and Niki.

Werner Kerschl, Investment Director of IFM Investors, stated:

"We are very pleased about the considerable interest from investors. The increase in our investment reflects a long-term, responsible commitment to Flughafen Wien. We are confident in the strategy of the company. With over 20 years of experience in the infrastructure sector, IFM can continue to offer its expertise and contribute – jointly with all other stakeholders – to the long-term development of Flughafen Wien. IFM looks forward to continuing its relationship and engagement with the other shareholders, the supervisory board and management and to working in the best interests of Flughafen Wien."