It is the day of the merger between the airports of Alghero and Olbia .
With a double meeting (yesterday at the Costa Smeralda and today at the Riviera del Corallo) the administrative boards of Geasar (Olbia) and Sogeaal (Alghero) approve the merger between the two management companies which will give birth to a single entity , overwhelmingly private majority , for the management of the two airports in northern Sardinia. And the new entity will be called “ Nord Sardegna Aeroporti ”.
The first step of an overall design, traced in the offices overlooking the slopes (and beyond), towards the single company for all of Sardinia : the procedures for evaluating the value of the shares of Sogaer are going ahead in Cagliari, a Spa ready to enter in the big match at the behest of the Chamber of Commerce which, at the moment, is the major shareholder. But the money from the F2i fund and therefore from Cassa depositi e prestiti will weigh on the boards of the future. The role of the Region, on the other hand, risks being compressed under the blows of capital increases.
The operation of these hours, looking at the numbers, appears more like an acquisition of Sogeaal (share capital of about 7.5 million) by Geasar, with a share capital of 13.
The planned capital increase could reach up to 12 million euros, with the value of a share going from 43 to 81 euros.
The new structure, according to rumors, would see F2i Smeralda (already majority shareholder of the Costa Smeralda) owning the shares at 74.82% , F2i Ligantia at 4.8%, the Chambers of Commerce of Nuoro and Sassari would respectively .39% and 9.38% of the shares. The Region on 2.93. The rest (minimum) would be in the hands of Sfirs and the Costa Smeralda Consortium.
The management companies confirmed the merger procedure . An official communication is expected during the day.
