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Home Business & Economy

ICG takes off with £200m deal for Exeter and Bournemouth airports | Money News

Spluk.ph by Spluk.ph
August 3, 2025
in Business & Economy
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ICG takes off with £200m deal for Exeter and Bournemouth airports | Money News
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The London-listed funding group ICG is closing in on a £200m deal to purchase three of Britain’s largest regional airports.

Sky Information has learnt that ICG is predicted to signal a proper settlement to purchase Bournemouth, Exeter and Norwich airports later this month.

The trio of websites collectively serve simply over 2 million passengers yearly.

ICG is shopping for the airports from Rigby Group, a privately owned conglomerate which has pursuits within the inns, software program and expertise sectors.

Exeter acted because the hub for Flybe, the regional service which collapsed within the aftermath of the pandemic.

The deal will come amid a frenzy of exercise involving Britain’s main airports as infrastructure traders search to use a restoration of their valuations.

AviAlliance, which is owned by the Canadian pension fund PSP Investments, agreed to purchase the guardian firm of Aberdeen, Glasgow and Southampton airports for £1.55bn final yr.

London Metropolis Airport’s shareholder base has simply been shaken up with a deal which noticed Australia’s Macquarie take a big stake.

French investor Ardian has elevated its funding in Heathrow Airport because the UK’s largest aviation hub proposes an enlargement that may value tens of billions of kilos.

ICG and Rigby Group declined to remark .



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Tags: 200MAirportsBournemouthDealExeterICGMoneynewstakes
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