Frankfurt (Fraport) - After five months of discussions, Fraport has declared an end to negotiations with a Philippine company to sell Fraport AG's stake in the operating company for the third passenger terminal at Manila Airport.
Fraport AG vigorously continues to pursue its claims. In the arbitration proceedings at the International Centre for Settlement of Investment Disputes (ICSID) of the World Bank in Washington, D.C., Fraport is confident that it has a strong case.
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