Meinl Airports has raised EUR 700 mln in an Initial Public Offer (IPO) aimed to fund acquisitions. Meinl Airports offered 70 million shares at a price of EUR 10 each. The offering period ended last Friday. The shares will be listed on the Third Market of the Vienna Stock Exchange from April 30, 2007.

Meinl Airports has raised EUR 700 mln in an Initial Public Offer (IPO) aimed to fund acquisitions. Meinl Airports offered 70 million shares at a price of EUR 10 each. The offering period ended last Friday. The shares will be listed on the Third Market of the Vienna Stock Exchange from April 30, 2007.

Meinl Airports' business will focus on airports in Central and Eastern Europe, including retail areas, parking garages, hotels and various other properties in the vicinity of airports.