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27-Mar-2020 7:50 AM

French Constitutional Council affirms ADP referendum fails but sale still delayed indefinitely

France's Constitutional Council affirmed (26-Mar-2020) the shared referendum on blocking the privatisation of Groupe ADP failed, with only 1.1 million of the 4.7 million required votes registered. As previously reported by CAPA, the French government has however decided to delay the sale procedure for the company given the current market conditions. The timeframe for the eventual sale is indefinite (La Tribune, 26-Mar-2020). [more - original PR - French]

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