May 14, 2019 / 5:12 PM / 2 months ago

Eiffage in exclusive talks to buy a 49.99 percent stake in Toulouse airport

PARIS (Reuters) - French construction group Eiffage on Tuesday said it had started exclusive talks with Casil Europe, a Chinese investment vehicle, to acquire a 49.99 stake in Toulouse-Blagnac airport in the south of France.

Eiffage said the transaction would allow the company to diversify in airport concessions.

Toulouse airport is adjacent to one of the European industrial bases of aerospace company Airbus.

Reporting by Johanna Decorse; Writing by Matthias Blamont; Editing by David Goodman

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