Portugal is set to beat its privatisation revenue goal by selling airport operator ANA to French construction firm Vinci in a deal worth about three billion euros ($3.97 billion), sources said.
Vinci was chosen because of the high
Qatar Investment Authority (QIA) has joined hands with US private equity firm Carlyle Group to bid for a near 40 per cent stake in Turkish airport operator TAV Havalimanlari Holding, said three sources close to the deal.
The Qatari sovereign wealth fund's property investment arm Qatari Diar and France's Vinci have won a 374 million euro ($534 million) deal as part of a Light Rail Transit System project in the new city of Lusail, near Doha.
A subsidiary of France's Vinci, the world's largest construction group, is eyeing more complex projects in Abu Dhabi as it starts operations in a fiercely competitive market, an executive said.
Vinci Construction UK, which trades i
Qatari Diar, leading real estate investor owned by the Qatar Investment Authority, will take a stake of 5 to 8 per cent in French public works group Vinci, becoming its top shareholder after its employees.
Vinci is creating a European lead
German builder Hochtief said it is still negotiating contracts involving a $2 billion road as well as properties in Qatar, denying a report it has won the two contracts already.
The company so far has only won a bid to plan, rather than co
Libya said work had begun on a new 1 billion euro airport for the capital Tripoli which will be able to welcome 20 million travellers per year.
The work is being carried out by a consortium of six companies including Vinci of France, Oderb