(Visited 24 times, 1 visits today)
  • Transaction / Assets
  • Seller
    na
  • Buyer
    na
  • € MM

Greece: HRADF starts selling process of AIA shares

The Hellenic Republic Asset Development Fund that promotes the implementation of privatizations in Greece, posted an invitation to submit an Expression of Interest for the acquisition of 30% of its shares in the company “Athens International Airport SA” (ΑΙΑ).

The bidding process will take place in two phases: pre-selection and bidding. The interested parties must declare their interest by September 30th. Deutsche Bank AG (London branch) and Eurobank Ergasias act as financial advisors, the lawyers’ consortium Your Legal Partners and Drakopoulos Vassalakis as legal advisors and Arup Partnership as a technical advisor to HRADF.

AIA was established in 1996 for the construction, maintenance, and operation -for a period of 30 years- of the Athens International Airport “Eleftherios Venizelos”. In February 2019, the contract was prolonged for an additional 20 years (until 11/06/2046).

(Visited 24 times, 1 visits today)

Read more:
€1 bn worth RE in Greece to be sold to funds in 2019

The NPL buyers are ready to put up for sale their most attractive RE assets, worth tens of millions. Bain...

Close