HRADF Launches Tender to Sell 30 Pct Stake in Athens International Airport

HRADF Launches Tender to Sell 30 Pct Stake in Athens International Airport

Hellenic Republic Asset Development Fund (HRADF) on Friday launched an international tender to sell its 30 pct stake in Athens International Airport SA. The tender process will be in two stages: a pre-selection phase and a binding offer submission phase. Candidates will be able to express interest by September 30, 2019. The airport development contract envisages a ceiling in the transfer of equity stakes of the Athens International Airport. Deutsche Bank AG (London) and Eurobank Ergasias act as financial advisors, Your Legal Partners and Drakopoulos-Vasalakis act as legal advisors and Arup Partnership as technical advisor for HRADF.

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