Vinci approaches Canadian pension funds to bid for airport operator: Reuters
Construction company Vinci has approached investors to launch a bid for part of French airport group Aéroports de Paris, the largest of France's planned state sell-offs, sources told Reuters. The deal would see France sell all or part of its stake of 50.63 percent in the group which runs airports outside Paris and has a market cap of 19.63 billion euros (US$22.78 billion). Sources said Vinci has approached pension funds to become partners, including including Canada Pension Plan Investment Board, Ontario Municipal Employees Retirement System and Ontario Teachers’ Pension Plan.
15 June 2018•2 mins read
