France to offer minority stake in four airports

France's government is preparing to sell a minority stake in four regional airports and has opened a bidding process to choose a bank to oversee the sale, business daily Les Echos reported.

The airports to be put up for sale are Lyon, Nice, Toulouse and Bordeaux.

The government has pledged to remain a majority owner of the airports until 2013 but private investors could acquire stakes of up to 49 percent, Les Echos said.
(Source:www.cargonewsasia.com)