UPDATE 1-Fraport, Copelouzos win bidding for Greek airports
* German Fraport, Greek Copelouzos offered 1.23 bln euros
* The group will lease 14 Greek regional airports for 40 years
* The privatisation deal will be Greece's biggest since 2010 (Adds privatisation agency, Fraport comments, detail)
ATHENS, Nov 25 (Reuters) - German airport operator Fraport and Greek energy firm Copelouzos bid 1.23 billion euros to lease and operate 14 Greek regional airports, the country's biggest privatisation deal since its debt crisis.
The offer from Fraport and Copelouzos unit Slentel, was "significantly higher" than the second best bid, Greece's privatisation agency HRADF said on Tuesday, making the group the preferred bidder to run airport terminals at some of the country's most popular tourist islands such as Rhodes and Corfu.
Greece has signed privatisation deals worth about 5.4 billion euros ($6.7 billion), raising about 3 billion euros in cash, since it was bailed out four years ago by the European Union and International Monetary Fund.
But the proceeds are far below an original target of 22 billion euros for 2010-2013, mainly due to regulatory snags.
Argentina's holding company Corporation America with Greek engineering firm Metka, and France's Vinci with Greek contractor Ellaktor were the other two bidders in the final round.
"The bids submitted by the world's top airport operators is the biggest proof of international investors' confidence in our country's growth prospects," HRADF's chairman Emmanuel Kondylis said in a statement. Continuación...