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Budapest Airport's privatization: BAA to offer EUR 1.58bn

Budapest, Hungary - The Hungarian newspaper "Nepszabadsag" revealed it

The previous highest offer had been that from Germany’s Hochtief concerning the first tender (see for details AVIONEWS). Today newspaper "Nepszabadsag" said that the British Airport Authority would have offered EUR 1.58bn to buy the 75%-minus-one-vote in the Budapest Airport SpA. The offers made by the other two candidates -Hochtief and Fraport- are unknown. The Hungarian Government hopes to complete t...

AVIONEWS - World Aeronautical Press Agency - 132171
Rome, Italy, 12/01/2005 15:11
AVIONEWS - World Aeronautical Press Agency

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