You are here

Fraport lowering stake in St Petersburg airport operator

Tuesday, August 2, 2016 - 05:50

Frankfurt

GERMANY'S Fraport is selling a stake in the operator of the St Petersburg airport, which is ailing from low traveller numbers due to the weakness of the Russian rouble, to the Qatar Investment Authority (QIA).

The deal, from which Fraport expects to generate a gain of 30-

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom