French concessions and construction conglomerate Vinci has been selected by the government of Portugal to acquire a 95% stake in national airport operator ANA. Vinci submitted the highest bid, beating off competition from three other shortlisted consortia: Germany’s Fraport in a consortium with Industry Funds Management; Switzerland’s Flughafen Zurich in a consortium with Global Infrastructure Partners and Brazil's CCR; and Argentina’s Corporación ...

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