December 18, 2017 / 3:15 PM / a month ago

No decision on whether to privatise French airport operator ADP - government source

PARIS (Reuters) - The French government has not made a decision on whether to privatise Paris airport operator ADP (ADP.PA), and was considering “many options on table,” a government source said on Monday.

“The decision has not been taken,” the government source said, adding that the state was proceeding cautiously.

    ADP, in which the French state has a 50.6 percent stake, has been cited among assets to be sold in a privatisation programme aimed at generating 10 billion euros (£8.81 billion) under President Emmanuel Macron.

    French business daily Les Echos reported on Sunday that the government is considering awarding a long-term concession to Paris airport operator ADP because of land ownership issues, prior to a possible sale of the controlling stake.

    Reporting by Marine Pennetier and Cyril Altmeyer; Writing by Bate Felix; editing by Richard Lough

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