EIFFAGE (EPA:FGR) - Eiffage enters into exclusive negotiations with a view to acquire 49.99 % of Toulouse-Blagnac airport
Transparency directive : regulatory news
14/05/2019 18:30
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Vélizy-Villacoublay, May 14, 201918:30
Press release
Eiffage enters into exclusive negotiations with a view to acquire 49.99% of
Toulouse-Blagnac airport
Eiffage announces entering into exclusive negotiations to acquire the entire
participation of CASIL Europe at the capital of the Aéroport Toulouse-Blagnac
(ATB) company, representing 49.99% of ATB capital. ATB is the concession
company until 2046 of the Toulouse-Blagnac airport, France 3rd biggest regional
airport with 9.6M passengers in 2018.
This operation fits in Eiffage strategy aimed at diversifying its concessions
portfolio, already strong of a number of holdings in transport infrastructure
in Europe, as well as lengthening its duration.
The Group has a strong and long dated presence in the Occitanie region and has
already worked with the ATB teams on various projects. If case of finalisation
of the transaction, Eiffage will be a long term partner of ATB, alongside the
other shareholders in prioritising a development respectful of the local
constraints and equilibriums.
Eiffage reminds that the sale procedure to CASIL Europe by the French State of
49.99% ownership in ATB has been challenged before the French courts and this
litigation has recently been brought before the Conseil d'Etat, the result of
which conditions the closing of the potential acquisition by Eiffage of CASIL
Europe shareholding in ATB.
In case of conclusion of a disposal agreement, the operation would also be
subject to certain customary conditions precedents.
Investor relations Press contact
Xavier Ombrédanne Sophie Mairé
Tel: + 33 (0)1 71 59 10 56 Tel: + 33 (0)1 71 59 10 62
e-mail: xavier.ombredanne@eiffage.com e-mail: sophie.maire@eiffage.com
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