A newly proposed expansion is reported to commence in October 2015. A second runway will be added, as will as 290,000 square meter terminal building. This is designed to boost nameplate annual capacity to 30 million passengers upon completion. http://www.whatsonsanya.com/news-31939.html…
Blog Archives
HNA Infrastructure (0694-HK, 9.60) to Further Expand Haikou Meilan Airport
Posted in Portfolio Model Subscription
eBay Inc. (EBAY-NASQAQ, $59.40). Will PayPal be Acquired After Spin-off? Financial Modelling for Prospective Buyers.
eBay Inc. ($70.7 billion enterprise value) will soon be spinning off PayPal. I believe that PayPal’s life as a publicly traded company may prove to be extremely short lived. In the payment processing space, valuations and synergies are such that…
Posted in Portfolio Model Subscription
Visa Inc. (V-NYSE, $69.47) Negotiating a Purchase of Visa Europe.
Visa Inc. announced that the company is in discussions to purchase Visa Europe from its consortium of banks and other stake holders. The intention would be to fold Visa Europe into the overall corporate umbrella of Visa, to consolidate certain…
Posted in Portfolio Model Subscription
Implications of the Grupo Aeroportuario Del Pacifo (PAC-NYSE, $65.46) Acquisition of Sangster International Airport Contract.
The cost of $190.5 million, assuming that 100% is funded via debt, will represent about $12 million per year in interest charges. Donald Sangster Airport is the largest of Jamaica’s airports and the concession will run for a further 18…
Posted in Portfolio Model Subscription
Grupo Aeroportuario Del Pacifio (PAC-NYSE, $65.46) Purchases Airport Concession.
PAC announced, for a cost of $190.8 million, the acquisition of a 100% stake in Spanish company Desarrollo de Concesiones Aeroportuarias, S.L. The purchase provides a 74.5% controlling operating interest in the airport concession to manage the Donald Sangster International…
Posted in Portfolio Model Subscription