Tags: EU | Germany | Airport Sale

Germany: 13 Potential Bidders in Re-run of Hahn Airport Sale

Friday, 02 September 2016 09:53 AM

BERLIN (AP) — German officials say 13 potential bidders have expressed interest in buying the Hahn regional airport outside Frankfurt after its planned sale to a Chinese company was scrapped amid doubts about the purchaser's reliability.

The state interior ministry in Rhineland-Palatinate said Friday that auditors will evaluate the potential bids by mid-September, clearing the way for formal offers. It didn't identify any of the bidders.

Rhineland-Palatinate planned to sell its 82.5 percent stake in the financially struggling airport to Shanghai Yiqian Trading Company, a logistics and construction company.

But officials pulled the plug on the deal in July because a payment wasn't made, and citing wider doubts about the reliability of the purchaser.

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German officials say 13 potential bidders have expressed interest in buying the Hahn regional airport outside Frankfurt after its planned sale to a Chinese company was scrapped amid doubts about the purchaser's reliability.The state interior ministry in Rhineland-Palatinate...
EU,Germany,Airport Sale
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2016-53-02
Friday, 02 September 2016 09:53 AM
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