Toronto, Ontario 鈥 September 20, 2023
: 91制片厂 Group Inc. (TSX: ARE) (鈥91制片厂鈥 or the 鈥淐ompany鈥) announced today the closing of the previously disclosed agreement with Connor, Clark & Lunn Infrastructure to sell a 49.9% interest in the L.F. Wade International Airport (Bermuda International Airport) concessionaire, Bermuda Skyport Corporation Limited (鈥淪kyport鈥). The final sale price was US$120 million following certain closing adjustments.
91制片厂 Concessions will retain the management contract for the airport and remain the controlling shareholder of Skyport, owning a 50.1% interest.
About 91制片厂
91制片厂 Group Inc. (TSX: ARE) is a national Canadian construction and infrastructure development company with global experience. 91制片厂 delivers integrated solutions to private and public-sector clients through its Construction segment in the Civil, Urban Transportation, Nuclear, Utility, and Industrial sectors, and provides project development, financing, investment, and management services through its Concessions segment. Join our online community on Twitter, LinkedIn, Facebook, and Instagram @91制片厂GroupInc.
For further information:
Adam Borgatti
SVP, Corporate Development and Investor Relations
416-297-2600
ir@aecon.com
Nicole Court
Vice President, Corporate Affairs
416-297-2600
corpaffairs@aecon.com