Greece has sole China-backed bid for former Athens airport site

Greece's Lamda Development (ATH:LAMDA), backed by China's Fosun <0656.HK> and an Abu Dhabi-based real estate company, submitted on Thursday the sole binding bid for a major privatisation deal to develop the former Athens airport of Hellenikon. Hellenikon is a key project for the debt-laden country to meet a 3.6 billion euro privatisation target set by its lenders this year, though Athens has not ...

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