January 7, 2020 / 4:44 PM / 19 days ago

France to retain its 10% stake in Toulouse airport: Finance Minister

PARIS (Reuters) - France will retain its 10% stake in Toulouse-Blagnac airport in the south of France, French Finance Minister Bruno Le Maire said on Tuesday.

“I can confirm that the State, at the request of local authorities that I have met, will keep a 10% stake in Toulouse airport,” Le Maire told members of parliament.

France’s antitrust authority in December cleared the acquisition of a 49.99 percent stake in Toulouse-Blagnac airport by French construction group Eiffage (FOUG.PA).

Reporting by Dominique Vidalon; Writing by Matthieu Protard; Editing by David Goodman

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