Danish authorities planning to purchase significant stake in Copenhagen Airport
Copenhagen, Denmark - The Danish government has reached a political agreement to buy out the majority shares of Copenhagen Airport, one of Denmark's largest workplaces, employing over 18,000 staff members.
According to the agreement, the government, along with opposition parties SF, the Conservatives, and the Social Liberals, will take control of the airport from the current majority shareholder, pension fund ATP. The purchase price for the shares will be made public in October 2025, with an estimated overall cost to the state of around 32 billion kroner, as stated by Finance Minister Nicolai Wammen.
The deal, if completed, will raise the state's stake from 39.2 percent to 98.6 percent of shares in Copenhagen Airports. However, the government's intentions to reduce its own stake in the airport to 50.1 percent are part of a broader plan, not directly connected to the current takeover deal.
The government's move towards owning a majority stake in Copenhagen Airport reflects a commitment to responsible and long-term ownership for the future, as stated by Wammen. The minister also emphasized that the deal establishes sound conditions for the airport to continue contributing positively to the Danish economy, businesses, and jobs.
ATP, which currently holds 59.4 percent of the shares in holding company Copenhagen Airports, expects the state to make an offer to the remaining shareholders in October 2025. The Danish government's intentions to buy a majority of shares in Copenhagen Airport were first made known late last year when the Ministry of Finance reached a conditional agreement with ATP.
This development comes as the Danish government has set ambitious targets for sustainability, such as aiming for all domestic flights to be green by 2030. While this initiative highlights the government's focus on environmental sustainability in the aviation sector, it does not provide information about a potential buyout of Copenhagen Airport.
For accurate and detailed information about any potential buyout or changes in ownership, it would be necessary to consult specific news releases or official announcements from the Danish government or the relevant parties involved in the ownership of Copenhagen Airport.
- The government's purchase of a majority stake in Copenhagen Airport could have a significant impact on the Danish economy, industry, and lifestyle, as the airport contributes positively to businesses and employment.
- The deal to buy out Copenhagen Airport from ATP also carries implications for the finance sector, considering the estimated 32 billion kroner price tag and the expected offer to remaining shareholders in October 2025.
- The buyout of Copenhagen Airport could influence the transportation sector by potentially influencing changes in air travel, including the Danish government's ambitious goal of green domestic flights by 2030.
- The government's decision to buy Copenhagen Airport reflects a commitment to long-term ownership and responsible stewardship, as stated by Finance Minister Nicolai Wammen.
- The Danish government's move towards owning a majority stake in Copenhagen Airport might also impact public-transit options, as efficient transportation infrastructure and sustainable practices become increasingly important in the future.
