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Spain airport operator Aena's sale to target small shareholders

The world's biggest airport manager is valued at 16b euros

[MADRID] The partial privatisation of Spanish airports operator Aena should see its shares list on the stock market in late November with a small tranche reserved for the public - a litmus test for domestic investor faith in an economic recovery.

The sale of the world's biggest airports operator still has several hurdles to overcome, but a source familiar with the situation told Reuters the pricing process should be finalised between global coordinators and the government in September.

The sale of...

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