We advised the selling shareholder on the transaction

Davis Polk advised Royal Schiphol Group N.V. (RSG) in connection with its Rule 144A / Regulation S secondary offering of its remaining stake in Aéroports de Paris S.A. (ADP), representing approximately 3.9% of ADP’s share capital, via an accelerated book-building process. In addition, ADP repurchased 296,882 shares, or 0.3% of its share capital, at the offering price.

Royal Schiphol Group is a Dutch airport management company.  It is the owner and operator of Amsterdam Airport Schiphol, Rotterdam The Hague Airport and Lelystad Airport, and holds a majority stake in Eindhoven Airport.

The Davis Polk corporate team included partner Reuven B. Young and associate Catherine Liu. Associate James Ufland provided English law advice. All members of the Davis Polk team are based in the London office.