Source: Visit Hannover.
Fraport is due to sell off its minority stake in Hannover Airport in the next two months.
The airport operator will sell off its 30% stake to iCON, an infrastructure company, for just over €109m.
Fraport initially acquired a 20% stake in the German airport in 1998 followed by a subsequent 10% in 2003.
The airport operator noted that the sale of its stake in Hannover will boost its own profits by around €77m.