Friday, January 23, 2015

Spanish operator Aena go public on 11 February – The Economist

Spanish operator Aena go public on 11 February – The Economist

The Spanish government authorized the partial privatization of the largest airport operator in the world, the Spanish AENA that go public on February 11, announced the Minister of Development, Ana Pastor.

The Spanish government Friday approved the partial privatization of the largest airport operator in the world, the Spanish AENA that go public on February 11, announced the Minister of Public Works (Transport and Works) Ana Pastor.

The government plans to sell in two stages 49% stake AENA, keeping 51% for the state, said the minister, who noted that the first is to form a hard core shareholders will own 21% of capital at the end of the operation, while the remaining 28% go public next month.

This was made possible by a “profound transformation of the company that has allowed it to be profitable for the first time, “the vice president of the Spanish government, Soraya Saenz de Santamaria was commended in a press conference at the end of the board weekly cabinet.

AENA manages 46 airports and two heliports in Spain and has fifteen holdings abroad, eg London Luton Airport or more of Latin America. In 2014, it hosted almost 196 million passengers.

His partial privatization, originally scheduled in November, had to be delayed because of a technical problem. The price assigned to the action then gave a value to the airport operator between 6,000 and 8,000 million euros.

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