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AENA reportedly worth EUR30 billion

17-Jan-2011 12:55 PM

AENA, Spain’s airport operator, is estimated to be worth about EUR30 billion (USD40 billion) including debt (Bloomberg, 16-Jan-2011). The Spanish government, which is selling 49% of state-owned AENA as part of plans to cut public sector debt, will approach investment banks to advise on the sale in coming weeks. JPMorgan, UBS and Morgan Stanley are reportedly all interested in the mandate.