Deals
Greece Moves Forward With First Privatization Since Bailout Deal
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Greece gave approval for the first privatization under Prime Minister Alexis Tsipras, a key requirement of the country’s bailout deal with creditors.
A government council overseeing state asset sales has signed off on a 40-year concession for German airport operator Fraport AG and a unit of Greece’s Copelouzos Group to operate 14 regional airports for 1.2 billion euros ($1.32 billion), according to the government’s official gazette.