Aeroports de Paris and Schiphol Group obtained all approvals and authorizations required to complete the 8% cross-shareholding announced in October (ATWOnline, Oct. 22). Schiphol acquired an 8% stake in ADP from the French government for €530 million ($671 million), or €67 per share. ADP spent €370 million an 8% stake in Schiphol through its subscription to a reserved capital increase. The airport operators' initial cooperation agreement will last for 12 years.

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