Corporate | 1 February 2006 12:47
Flughafen Wien AG: TwoOne Consortium welcomes decision by the Slovakian government
Corporate-news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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The Slovakian government today announced its decision in the privatisation
process for 66% of Bratislava and Košice Airports in favour of the TwoOne
Consortium led by Flughafen Wien AG. The other members of the consortium
are Raiffeisen Zentralbank (RZB) and the Slovakian Penta Equity Group.
TwoOne won last week’s second round of bidding over the competition, and
will pay a total purchase price of 11.4 billion SKK (approx. EUR 299 mill.)
for a 66% stake in these two airports. The proceeds from this transaction
will flow in full to the Slovakian Republic. The increase in equity to
finance future investments will equal 7.9 billion SKK (ca. EUR 203 mill.)
for Bratislava Airport and 380 million SKK (ca. EUR 9.7 mill.) for Košice
Airport.
The consortium has also provided a commitment to invest 9.8 billion SKK
(ca. EUR 250.7 mill.) from 2006-2010. Of this total, 9.37 billion SKK (EUR
240 mill.) will be spent at Bratislava Airport and 415.6 million SKK (EUR
10.7 mill.) at Košice Airport. The first projects to improve the airports
and their infrastructure will be started this year.
“This partnership will give Bratislava more destinations, higher
frequencies and more passengers than any other solution“, emphasized
Herbert Kaufmann, member of the Management Board and speaker of Flughafen
Wien AG.
For additional information contact:
Flughafen Wien AG
Robert Dusek
Tel. +43/1/7007 22 316
r.dusek@viennaairport.com
Flughafen Wien AG
Michael Kochwalter
Tel. +43/1/7007 22 300
m.kochwalter@viennaairport.com
(c)DGAP 01.02.2006
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language: English
emitter: Flughafen Wien AG
Postfach 1
1300 Wien-Flughafen Österreich
phone: +43-1-7007/23126
fax: +43-1-7007/23058
email: r.dusek@viennaairport.com
WWW: www.viennaairport.com
ISIN: AT0000911805
WKN: 091180
indexes: ATX
stockmarkets: Amtlicher Markt in Wiener Börse; Freiverkehr in
Berlin-Bremen, Frankfurt, Hamburg, München, Stuttgart;
Foreign Exchange(s) London
End of News DGAP News-Service
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