Athens International Airport…

The Greek government will pick advisers next month for its plan to divest part of its holdings in Athens International Airport (AIA), a senior government official said yesterday. ‘It is very likely that the advisers for [state gas company] DEPA, Athens Airport and the frequency spectrum will be appointed in October,’ the official, who did not want to be named, told Reuters yesterday. Earlier in the year, the government outlined plans to raise more than 3 billion euros by selling stakes in some of its struggling state-run businesses. The government owns 55 percent of AIA, with German construction group Hochtief holding 40 percent.

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