Andino Investment Holding S.A.A. (BVL:AIHC1) entered into an agreement to acquire remaining 50% stake in Aeropuertos Andinos del Peru S.A. from Corporación América Airports S.A. (NYSE:CAAP) for $17.7 million on December 17, 2021. Andino paid $0.5 million in cash and for assumed liabilities and future capital expenditures commitments of Aeropuertos amounting to $17.2 million. Juan Luis Hernández and Sandro Cogorno of Hernández & Cía acted as Legal advisor to Andino Investment Holding S.A.A. Sergio Amiel of J&A Garrigues, S.L.P. acted as Legal advisor to Corporación América Airports S.A.

Andino Investment Holding S.A.A. (BVL:AIHC1) completed the acquisition of remaining 50% stake in Aeropuertos Andinos del Peru S.A. from Corporación América Airports S.A. (NYSE:CAAP) on February 9, 2022.