Topic Author
Posts: 423
Joined: Mon Dec 17, 2007 2:46 pm

ANA(Portuguese Airports) Sold To Vinci Airports

Thu Dec 27, 2012 8:54 pm

Portuguese government has chosen the Vinci Airports group, personally I was hoping for Fraport AG or Flughafen Zurich AG, but I guess the bigger offer by Vinci sealed the sale.

"Portugal’s government agreed to sell state-owned airport operator ANA-Aeroportos de Portugal SA to Vinci SA (DG) for 3.08 billion euros ($4.07 billion), raising money for the debt-strapped country.

Vinci’s offer was the highest out of the four binding bids that the government received for ANA, Maria Luis Albuquerque, Portugal’s secretary of state for treasury, said at a press conference in Lisbon today. The government plans to conclude the sale early next year, she said.

Vinci, which operates regional airports in France and Cambodia, beat three other bidders for the company, which manages airports in Lisbon, Porto and the Algarve region. Portugal opted to sell ANA after seeking a bailout by the International Monetary Fund and the European Union last year."