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French Government To Sell Stake In Aeroports De Paris SA, Remain Majority Holder-DJ


Thursday, 30 May 2013 02:55am EDT 

Dow Jones reported that the French government plans to sell around 10 million shares, corresponding to an around 10% stake in Aeroports de Paris De Paris but will retain a majority stake in the airport operator, French Finance Minister Pierre Moscovici said in a statement Thursday. The government will offer the stake to several long-term investors via a private placing and it suggests the state's strategic investment fund the Fonds Stratégique d'Investissement, which owns of a 5.6% stake in the Company takes part in the transaction, according to the statement. France holds 54.5% of ADP, which owns and operates airports in the Paris region as well as a stake in a Turkish airport. 

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