FRANCE. The French government does not plan to sell any more shares in Aéroports de Paris (AdP) after its recent initial public offering (IPO), Transport Minister Dominique Perben said in an interview with the daily newspaper La Tribune.
He said the government did not plan to sell off any more of AdP after last month’s IPO, which left the State with a 67.5% stake in the Paris airport operator.
The €1.4 billion IPO raised about €800 million for the government. Shares in AdP made their debut on the Paris Bourse at €45 on 16 June 2006 and this morning stood at €45.75 (10.40am French time).
MORE STORIES ON AEROPORTS DE PARIS
AdP’s new Men’s Lounge goes live – 02/02/06
Traffic recovers at ADP in first half; retail revenue hit by store closures – 12/10/05
Aéroports de Paris launches “Airport Discovery visits” – 05/07/06
