Ferrovial, the Spanish construction, infrastructure and services group, is in advanced talks to sell Budapest Airport to Hochtief, the German construction and infrastructure group, in a deal that should be completed by the end of January. The Spanish group acquired control of Budapest and Naples airports, as well as minority stakes in several Australian airports, through its EUR 18 bn takeover of BAA, the UK airports operator, in 2006.
Premium subscriber content – please log in to read more or take a free trial.
