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Six Companies Signal Interest in Rio's Galeão Airport Rebid Set for March 30

The simplified bidding is a TCU-brokered remedy to the failed contract, prioritizing a high upfront payment.

Overview

  • The federal government says six companies expressed interest after concluding an investor roadshow for the Galeão concession.
  • MPor, the Casa Civil and ANAC presented the auction model and contract guidelines to potential bidders in sessions held in São Paulo and online.
  • A public clarification session is scheduled for February 26 at B3 in São Paulo ahead of the auction.
  • The concession will be awarded to the highest upfront offer with a minimum bid of R$ 932 million, and current private shareholders are expected to submit at least a minimum proposal, according to Valor.
  • The winner must pay 20% of gross revenue to the Union annually through 2039 and will take sole control as Infraero exits under the restructuring.