Bolivia Nationalizes Airport Group

Bolivia Nationalizes Airport Group

Bolivia M&A

Bolivia has nationalized Airport operator Servicios de Aeropuertos Bolivianos (Sabsa), owned by Spain's Abertis and Aena, according to the government’s official news agency. The government cited low investment despite high profits as motivation for seizing Sabsa, which operates the country's three largest airports, El Alto, Cochabamba and Santa Cruz. Authorities indicated that they will evaluate the compensation to be given to the owners during the next 120 days. The nationalization is the lates

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