BAA finalized its acquisition of Budapest Airport Rt. Sunday, agreeing to take a 75%-minus-one-share stake in the company from the Hungarian government plus a 75-year asset management contract for Budapest Ferihegy International Airport for a cash consideration of £1.255 billion ($2.22 billion). BAA pledged an additional €261 million ($313.4 million) for capital improvements over the next six years. It outbid Fraport and Hochtief, with the latter filing a lawsuit in Hungary ...

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