Monaco planning Nice airport stake: report

The Principality of Monaco is planning a E150m investment in Nice Airport, according to a media report. A 64% stake in the southern France airport was sold to an Italian-led consortium, with the French government expecting proceeds of the sale to reach E1.22b. Monaco was reported by local TV station BFMTV as planning to buy five percent of the airport’s capital, the equivalent of 12% of the Atlantia/EDF consortium’s stake.<br/>
Reuters
http://news.airwise.com/story/monaco-planning-nice-airport-stake
10/12/16