PARIS Oct 11 Monaco plans to invest 150 million
euros in the privatisation of Nice airport in neighbouring
France and plans to rename the regional air hub as Nice-Monaco
or Nice Monte-Carlo, BFM-TV said.
The French government said earlier in July that Italian
airport and motorway operator Atlantia and France's EDF
Invest were the winning bidders in the privatisation of
a 64 percent stake in Nice airport, which could fetch it 1.22
A source familiar with the matter told Reuters in early July
that the principality wanted to join the winning consortium
buying the airport, which sits about 30 kilometres to the west.
Monaco plans to buy 5 percent of the airport's capital -
equivalent to 12 percent of the consortium's stake, BFM TV cited
the Monaco government as saying.
Monaco government officials were not immediately available
for a comment.
($1 = 0.9094 euros)
(Reporting by Gilles Guillaume; Writing by Maya Nikolaeva;
Editing by Andrew Callus)