Thursday, May 23, 2024

Fraport signs contract to operate 14 Greek airports

Fraport and Copelouzos Group have signed contracts with the Hellenic Republic Asset Development Fund to operate 14 Greek airports for 40 years, in a deal worth 1.2 billion euros ($1.3 billion). The transaction is expected to close in late 2016 and Fraport will be the majority stakeholder in the airports, with its Greek partner, Copelouzos […]