Manufacturing Industry
Greece to sell stake in Athens airport in 2005
Airline Industry Information, Jan 25, 2005
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
Greece is planning sell a stake in Athens International Airport later this year, the Greek finance minister said on Monday (24 January).
The Greek government, which currently owns a 55% stake in the airport's holding company, is expected to float a 10% stake, although the minister did not provide any details of the intended sale.
The government values Athens airport at about EUR1.8bn, said a high-level finance ministry official quoted by Reuters.
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