(ANSAmed) - LISBON, DECEMBER 28 - The Portuguese government
sold its ANA airport management company to the French Vinci
group for 3 billion euros as part of a privatization program
agreed to with EU authorities, Treasury Secretary Maria Luis
Albuquerque told reporters on Friday.
The 50-year concession includes Lisbon, Porto, Faro, Ponta Delgada, Santa Maria, and Horta airports.
Vinci beat out bids from Germany's Fraport, Australian fund IFM (with a 2.442 billion euro offer), a consortium led by Argentina's Corporacion America (2.408 billion euros) and a group made up of CCR from Brazil, Flughafen Zurich from Switzerland, and GIP (2 billion euros).
The government decided the French offer was the most strategic as well as the highest in monetary terms, Albuquerque explained. The privatization program, including the ANA deal, has brought 6.4 billion euros into public coffers so far, she added. (ANSAmed).
The 50-year concession includes Lisbon, Porto, Faro, Ponta Delgada, Santa Maria, and Horta airports.
Vinci beat out bids from Germany's Fraport, Australian fund IFM (with a 2.442 billion euro offer), a consortium led by Argentina's Corporacion America (2.408 billion euros) and a group made up of CCR from Brazil, Flughafen Zurich from Switzerland, and GIP (2 billion euros).
The government decided the French offer was the most strategic as well as the highest in monetary terms, Albuquerque explained. The privatization program, including the ANA deal, has brought 6.4 billion euros into public coffers so far, she added. (ANSAmed).
