S&C Represents EDF Invest in Purchase of 60 Percent Stake in French Airport of Nice Cote d'Azur

September 6, 2016

S&C represents EDF Invest in its purchase, together with the Italian listed company Atlantia, of a 60 percent stake in the French airport of Nice Cote d'Azur, awarded by the French state. The French state is selling this stake as part of a broader privatization program. The transaction value is approximately $1.355 billion. The closing is expected in fall 2016, following consultation with labor representatives and authorization from antitrust authorities.

The S&C team representing EDF Invest was led by Mr. de Vilmorin on corporate matters, and Mr. de Boynes advising on tax matters.