France’s Nice and Lyon airports attract at least 16 bidders, say sources: Reuters

The French airports of Nice and Lyon have attracted at least 16 bidders ahead of a July 4 deadline for firm offers, according to sources close to the matter.

The privatization of France’s two biggest regional airports is expected to yield up to 1.5 billion euros ($1.69 billion) for the government, which already exited Toulouse-Blagnac airport in 2014.

Eight companies or consortiums have bid for Nice airport, the sources said.

These include Italy’s Atlantia along with EDF investment branch EDF Invest; a consortium of Ardian, Siparex, Caisses d’Epargne and JCDecaux ; Industry Fund Management (IFM); Spain’s Ferrovial with Meridiam; a consortium of Vinci, CDC and Predica ; Turkey’s Limak; Germany’s Allianz alongside Global Infrastructure Partners; and Zurich’s airport along with the Canadian Pension Plan Investment Board.

Eight companies or consortiums have also bid for Lyon airport, according to the sources.

These are Ardian-Siparex-Caisses d’Epargne-JCDecaux; IFM; Ferrovial-Meridiam; Vinci-CDC-Predica; Limak; Atlantia; the Cube fund in association with Geneva airport; and Macquarie along with FFP.

No one was immediately reachable for comment at the economy ministry.