Urgent.News

What's breaking now, across thousands of outlets.

World

ASUR Buys Zurich’s Stake in Belo Horizonte Airport for US$21.5 Million

Mexico’s ASUR is buying Zurich Airport’s 12.75% stake in BH Airport, operator of Belo Horizonte’s Confins terminal, for about US$21.5 million. The post ASUR Buys Zurich’s Stake in Belo Horizonte Airport for US$21.5 Million appeared first on The Rio Times .

Mexican airport group ASUR has purchased Zurich Airport's 12.75 percent stake in Belo Horizonte's Tancredo Neves International Airport for approximately US$21.5 million. ASUR's acquisition was announced on August 21, 2026. The purchase price of R$109.5 million (about US$21.5 million) values the concession as a whole at roughly R$859 million (about US$169 million).

This transaction comes as Zurich Airport reduces its exposure to Latin America and seeks a governance position without control. ASUR, which operates nine airports in southeast Mexico, sees Brazil as the largest aviation market in the region, despite its least exposure to it. The airport handles around 10 million passengers annually and serves as a domestic hub, with connections concentrated on São Paulo, Brasília, and Rio de Janeiro.

Confins is also a key cargo and business-travel destination due to Minas Gerais' mining and business activity. The concession remains in effect until 2044, providing ASUR with a stable income instrument during the weak cycle.

Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at riotimesonline.com →

More in World

Bolivia Freezes 3% of Bank Deposits for 180 Days

Resolution 131/2026 obliges Bolivian banks to immobilise 3% of deposits for 180 days, as transporters give the government 48 hours on fuel supply.

  • Bolivia's central bank imposes 3% deposit freeze for 180 days.
  • Measure aims to reduce boliviano circulation for dollar purchases.
  • Transporte Libre union threatens national stoppage if issue unresolved.

Telecom Argentina Must Sell 6 Million Mobile Lines to Metrotel

Telecom Argentina will transfer 6 million mobile lines and the Tuenti brand to Metrotel, the remedy attached to its 2024 Telefónica purchase.

  • Telecom Argentina acquires 6 million mobile lines from Telefonica
  • Metrotel faces subscriber retention challenge amid price rise
  • Sale finalizes Telefonica's focus on Europe and Brazil

More from Sunday 13 September →