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AviAlliance has agreed to acquire UK-based AGS Airports from Ferrovial and Macquarie in a deal valued at £1.53bn ($1.95bn).

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Macquarie Asset Management and Ferrovial have agreed to sell AGS Airports to AviAlliance for an enterprise value of around £1.53 billion ($1.9 billion; €1.8 billion).

AviAlliance, one of the world’s leading private airport investors and operators, today announced the acquisition of AGS Airports from Ferrovial and Macquarie1 for an enterprise value of £1.53 billion.