Overview
- ASUR told the Mexican stock exchange it submitted a formal, non-binding offer for Motiva’s stakes in airports across Brazil, Ecuador, Costa Rica and Curaçao.
- Sources say ASUR currently leads the auction, surpassing proposals from Spain’s Aena and Argentina’s Corporación América Airports.
- The proposal values the portfolio at about 5,000 million reais, or roughly $925 million, excluding debt.
- Press reports indicate ASUR arranged financing with JP Morgan secured by its Cancún airport.
- Motiva’s airports handled about 45 million passengers in 2024 and lifted nine-month 2025 EBITDA nearly 15% to 912 million reais.