Tags: EU | Germany | Airport Sale

3 Bidders in Running for Sale of Germany's Hahn Airport

Monday, 21 November 2016 07:04 AM EST

BERLIN (AP) — German officials say they will enter negotiations with three bidders on the sale of the Hahn regional airport outside Frankfurt — a process that was restarted from scratch after its planned sale to a Chinese company was scrapped last year.

Rhineland-Palatinate state's interior minister, Roger Lewentz, said Monday an evaluation of the bids showed that talks could begin with three of the six suitors who made "concrete offers." He didn't identify any of them but said that new or improved offers could still be considered.

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 canceled the deal in July because a payment wasn't made, and citing wider doubts about the reliability of the purchaser.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Europe
German officials say they will enter negotiations with three bidders on the sale of the Hahn regional airport outside Frankfurt - a process that was restarted from scratch after its planned sale to a Chinese company was scrapped last year.Rhineland-Palatinate state's...
EU,Germany,Airport Sale
131
2016-04-21
Monday, 21 November 2016 07:04 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved