ADP: has privatisation text been finalised?
(CercleFinance.com) - The French government appears to have completed the legal text to enable ADP (Aéroports de Paris) to be privatized, along with the national lottery group FDJ (Française Des Jeux), a text that is currently being examined by the Council of State, according to Les Echos.
The text provides for a faster privatisation of ADP than FDJ, particularly because all preparatory work has already been completed at ADP, including the creation of a long-term concession company, Invest Securities reports.
Les Echos notes that these sales could feature in the draft Pact to be examined by the Council of Ministers on 18 June, although the President Emmanuel Macron should decide on this issue as a last resort.
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The text provides for a faster privatisation of ADP than FDJ, particularly because all preparatory work has already been completed at ADP, including the creation of a long-term concession company, Invest Securities reports.
Les Echos notes that these sales could feature in the draft Pact to be examined by the Council of Ministers on 18 June, although the President Emmanuel Macron should decide on this issue as a last resort.
Copyright (c) 2018 CercleFinance.com. All rights reserved.