07 February 2012

BRASIL: Experts Claim Airport Bidders... Overpaid.


http://www.bloomberg.com/news/2012-02-07/bidders-seen-overpaying-at-brazil-airport-auction-leaves-losers-as-winners.html

      Experts are claiming that the winning bidders for 3 busy Brasil airports...vastly overpaid.
      The concessions ended up getting 5x the minimum bids.
      And the usual, big professional airport operators...were not among the successful bidders.