Greece Extends Privatization Deal for Athens Airport

June 1, 2017

ATHENS –  Greece's state privatization fund said Wednesday it has reached a deal with private shareholders of the country's largest international airport to extend a concession by 20 years.

German-based airport manager AviAlliance and its Greek partner, Copelouzos Group, have a 45% stake in Athens International Airport and were operating under a concession to run the airport until 2026. The companies submitted an improved bid for 600 million euros for the extension.

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