ATHENS, Jan 30 (Reuters) - Greece has hired Bank of
America , Morgan Stanley and Deutsche Bank to act as advisers on its planned listing of a 30%
stake in Athens airport, two officials close to the matter said
on Monday.
Athens said last year it was considering listing a 30% stake
in its biggest airport after an ownership review. Germany-based
manager AviAlliance holds a 40% stake in the airport.
Greece's privatisation agency, the Hellenic Republic Asset
Development Fund (HRADF), aims for the initial public offering
to take place in the first half of the year, said a HRADF
official who declined to be named.
The 30% stake could be valued between 800 million and 1
billion euros ($868.5 million and $1.09 billion), the official
said, adding that state-owned HRADF has come to a tentative
agreement to sell a 10% stake of its total shareholding to
AviAlliance.
(Reporting by Angeliki Koutantou
Editing by Bill Berkrot)
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))
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