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Bidders for Budapest Airport announced

ÁPV, the state privatization company, on Friday named the eleven companies that submitted letters of intent in the first round bidding for a 75 %-minus-one-vote stake in Budapest Airport Rt, the company that operates the city's Ferihegy international airport.

The eleven are Terra Firma Investment, Copenhagen Airports, TAV Tepe-Akfen-Vie Yatirim Yapim Ve Isletme Anonim Sirketi, a consortium of Ferrovial Aeropuertos, Ferrovial Infraestructuras and Goldman Sachs, a consortium of Frankfurt airport operator Fraport and Deutsche Bank, a consortium of Hochtief AirPort and Hochtief AirPort Capital, a consortium of BAA International Holdings and Wallis Properties of Hungary, a consortium of Corporacion America and Stellaria Tanácsadó, the consortium of Ontario Teacher's Pension Plan, Abertis Group, Aena Internacional, ACDL and TBI, and a consortium of Euroinvest Rt, Aeroporto di Venezia Marco Polo, TriGránit Rt , OTP Bank Rt and MOL Rt.

All of the bidders must show that they operate at least one airport with annual passenger traffic of 10 million people or more.

(BBJ 4.vii.05)

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