|2012-01-17 - 02:43:00 - DJ Spain May Drop Plans To Sell Madrid, Barcelona Airports -Report|
DJ Spain May Drop Plans To Sell Madrid, Barcelona Airports -Report
DOW JONES NEWSWIRES
The Spanish government may decide to drop the previous administration's plan to sell Madrid's Barajas and Barcelona's El Prat airports, reports Expansion in its Tuesday Internet edition.
The previous Socialist government was forced in October to push back its plan to sell its largest airports until Jan. 31, as bidders needed more time to secure financing for the deal. The sale of the two airports was expected to raise EUR5 billion.
Separately, the government may also decide to launch an initial public offering for the country's state-owned airport operator Aena Aeropuertos, the paper adds.
Newspaper website: www.expansion.com
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January 16, 2012 21:43 ET (02:43 GMT)
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