August 17, 2017 / 5:10 PM / 3 years ago

Brazil may raise up to $2.5 billion with sale of airport stakes

BRASILIA (Reuters) - Brazil could raise up to 8 billion reais ($2.5 billion) with the sale of minority stakes owned by state agency Infraero in four airports, Civil Aviation Secretary Dario Lopes said on Thursday.

The government intends to auction off the minority stakes that Infraero holds in airports in Brasília, Guarulhos, Confins and Galeão as part of a privatization program meant to raise government revenue and bolster infrastructure investment.

Reporting by Leonardo Goy; Writing by Bruno Federowski; Editing by Chizu Nomiyama

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