Hochtief conducts due diligence at Budapest Airport until end-November
German construction service provider Hochtief AG Tuesday said it was conducting a due diligence audit at Budapest Airport Zrt to be finalized at the end of November, Dow Jones Newswires reported from Vienna.
Spain's Grupo Ferrovial bought BAA earlier this year. BAA bought its stake in Budapest Airport from the Hungarian government just one year ago in a €1.9 billion deal. Its bid prevailed over offers by German airport operator Fraport AG and Hochtief.
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