Adani Airports advances in race to buy Italy's Catania airport stake: Report
· economictimes.indiatimes.com
Adani Airport Holdings has reached the second bidding round for Italy's Catania airport. Ten global operators and investors are competing for a majority stake in the airport. Catania airport is Sicily's largest and Italy's fifth busiest by passenger traffic. The privatization process began in 2022 with Mediobanca as advisor. The deal was estimated last year to be worth between 500 and 600 million euros.
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