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The Economic Times

Adani Airports advances in race to buy Italy's Catania airport stake: Report

Catania Italy Adani Airport Holdings Mediobanca Sicily Sac

Adani Airport Holdings has advanced to the second round of the bidding process for the privatisation of Italy's Catania airport, joining nine other global airport operators and infrastructure investors competing for a majority stake, according to a Reuters report.

The company is among 10 bidders that cleared the preliminary selection stage, SAC Chief Executive Officer Nico Torrisi told reporters on Friday, Reuters reported.

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