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ADP - Aeroports De Paris SA News Story

€84.1 -0.3  -0.4%

Last Trade - 4:35pm

Sector
Industrials
Size
Large Cap
Market Cap £7.55bn
Enterprise Value £14.09bn
Revenue £3.33bn
Position in Universe 77th / 852

France's Le Maire: probable no sale of ADP before 2022

Tue 30th June, 2020 7:48am
PARIS, June 30 (Reuters) - The privatisation of French
airports group ADP  ADP.PA  is unlikely to take place before
2022 as the recovery of air transport is bound to take at least
two years, French Finance Minister Bruno Le Maire said on
Tuesday.
    "Frankly selling an asset at a time when itS (price) is low
because there is less air transport activity and the recovery of
air tranSport will take at least two years, it would not be a
responsible move," Le Maire told BFM television.
    Asked if the sale of ADP was unlikely to take place before
2022, he added: "It's probable".
    
        

 (Reporting by Dominique Vidalon)
 ((dominique.vidalon@thomsonreuters.com; +33149495432; Reuters
Messaging: dominique.vidalon.reuters.com@reuters.net))
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