CCR, Vinci land Brazilian airport concessions

CCR, Vinci land Brazilian airport concessions

Corporate & Sovereign Strategy M&A Latin America South America Brazil France Europe Project & Infrastructure Finance Tourism

Brazilian infrastructure company CCR won the auctions on Wednesday for two blocs of regional airport concessions and French construction company Vinci took the third with combined bids worth BRL3.3 billion ($585 million), or 3,822% above the minimum asking price. Companhia de Participações em Concessões (CPC), a subsidiary of CCR, bid BRL2.13 billion for a bloc with nine airports in the south, including the city of Curitiba, and BRL754 million for six in the central region. CPC's offer for the s

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