Council: Legal agreements being drawn up for investment into Waterford Airport

The billionaire Comer brothers have reportedly agreed to pay up to €20m to buy a majority stake in the company
Waterford Airport. File Picture

Waterford Airport. File Picture

Waterford City and County Council has confirmed legal agreements are being drawn up for investment into Waterford Airport, following reports of €20m funding being provided by Galway-based investors.

The billionaire Comer brothers, who own a property portfolio across Europe, have reportedly agreed to pay up to €20m to buy a majority stake in the company.

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