Bloomberg After emerging from arguably the worst crisis in the history of the airline industry, one of the world’s largest airport operators is starting to see the benefits of a major shakeup and eyeing an expansion into Africa. Corporacion America Airports, a Luxembourg-based company which operates 53 airports in six countries, is bidding for new concessions outside of its ...

  Bloomberg Reliance Industries Ltd agreed to buy Metro AG’s Indian unit for 28.5 billion rupees ($344 million) as the nation’s biggest retailer run by billionaire Mukesh Ambani further expands his footprint. Metro will see a transaction gain of about €150 million at closing, and higher earnings per share are anticipated, the company said in a statement. The transaction with ...

  Bloomberg Under Armour Inc picked Marriott International Inc’s Stephanie Linnartz to be the sportswear company’s new chief executive officer. She’ll be tasked with reigniting growth. Linnartz, a 25-year veteran of Marriott who currently serves as the hotel chain’s president, will take over at Under Armour on February 27, according to a statement. She will succeed Patrik Frisk, who stepped ...