Spain’s Council of Ministers has given the go-ahead for a partial privatization of the country’s airports. Minister of Development Ana Pastor said that up to 49% of Aena Aeropuertos—the airport arm of the Aena Group—will be sold off, with the Spanish government retaining a 51% stake in the company. The 49% stake will be split into two separate offers: 28% will be offered to the public by way of an initial public offering (IPO) through the stock exchange, with a ...

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