By Lise Alves, Senior Contributing Reporter
SÃO PAULO, BRAZIL – Three European companies won concession bids for the administration of four Brazilian airports on Thursday, raising more than R$3.72 (US$1.2 billion) billion for the government.
The government hailed this successful auction, which obtained a 23 percent premium over what was initially expected, of R$3.01 billion, as a sign of the restoration of the country’s credibility by foreign investors.
“[The Success of auction] reveals the re-establishment of credibility and confidence in the country,” said Brazil’s president, Michel Temer on video through his . . .
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