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Aircraft and finance. Hochtief sells airport division for 1.1 billion Euros

Essen, Germany - The purchaser is a Canadian investment fund

On Tuesday 7 May 2013 Hochtief announced it entered into a sale and purchase agreement with a subsidiary of Canada's Public Sector Pension Investment Board (PSP Investments) for the sale of all shares in its airport division. Hochtief AirPort is an airport management firm founded in 1997, which currently owns stakes in several hubs: Athens' "Eleftherios Venizelos" (40%), (49%), Budapest's "Ferenc...

AVIONEWS - World Aeronautical Press Agency - 1151935
Rome, Italy, 05/07/2013 13:35
AVIONEWS - World Aeronautical Press Agency

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