14-Mar-2016 3:47 PM

Nice Cote d'Azur Airport and Lyon Saint-Exupery Airport privatisation tenders launched

France's Government launched (10-Mar-2016) the specifications for the privatisation of Nice Cote d'Azur Airport and Lyon Saint-Exupery Airport, with tender offers due by 20-Jun-2016 and 04-July-2016 respectively. France will sell its 60% stake and is aiming for 'at least' EUR2.9 billion for the two airports. After the tenders are completed, airport infrastructure will remain French state property and incur normal infrastructure taxes. [more - original PR - French]

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