Blagnac Airport stake sold to Chinese consortium

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By TESTCustomwebLP TESTCustomwebLP April 20, 2015 20:11

Blagnac Airport stake sold to Chinese consortium

It has been reported that France has sold 49.99% of Toulouse Blagnac airport in to a Chinese-led consortium, comprising Chinese state-owned group Shandong Hi-Speed Group and Hong Kong-based investment firm Friedmann Pacific Asset Managemen, for €308 million.

“It is a new page in the history of our airport that is being turned. Symbiose will give new life to the development of our platform. This evolution is a continuity of the work accomplished over the last few years by the employees of the Toulouse Blagnac airport, and who are committed to the success of the Symbiose project, and the economy of the region,” Jean-Michel Vernhes, Toulouse Blagnac airport president said.

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By TESTCustomwebLP TESTCustomwebLP April 20, 2015 20:11