08-Jun-2007 10:38 AM
HOCHTIEF AirPort Consortium acquires Budapest Airport from BAA
Analysis
Budapest, 07 June, 2007. - BAA and a consortium led by
HOCHTIEF AirPort (HTA) yesterday formally closed and completed the transaction
of the sale of BAA's shares in Budapest Airport to the HOCHTIEF AirPort
Consortium. With this move, the consortium acquires all the shares previously
held by BAA and takes over majority control of and operational responsibility
for Budapest Airport.
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