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Hungary considers renationalisation of Budapest Airport as Hochtief’s assets go up for sale

Analysis

Hungary's government indicated earlier this month that it would exercise a put option on the stake of 25% plus one vote that it holds in Budapest Ferenc Liszt Airport as the German airport operator Hochtief (75% minus one vote) commenced the sale of non-core assets ahead of a potential takeover of the group by its Spanish minority shareholder, ACS.

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