Multiple bids lined up for Paris airport operator: Reuters
At least three consortiums have been formed to launch multi-billion-euro bids for a stake in the operator of Charles de Gaulle and Orly airports, sources told Reuters. The French state’s 50.6 percent stake in airports group Aéroports de Paris is likely to go on the block next year in a deal that could be worth up to 10 billion euros (US$11.4 billion). Sources said the lead players of the consortiums include French group Vinci. Vinci approached Canada Pension Plan Investment Board, Ontario Municipal Employees Retirement System, Ontario Teachers’ Pension Plan and other pension funds to become bid partners, Reuters reported in June.
16 August 2018•3 mins read
