VINCI acquires 4.7% of the capital of Aéroports de Paris
1 July 2013 - Acquisitions
Within the framework of the partial sale of the holdings of the French state and the French Strategic Investment Fund (Fonds Stratégique d'Investissement), VINCI acquires 4,643,968 shares of Aéroports de Paris (ADP) representing 4.7% of ADP's capital. This transaction was made at 78.50 Euros per share for a total investment of 364.6 million Euros. Once the transaction is closed, VINCI will hold 8% of ADP's capital.
As per the terms of the sale, VINCI will have a seat on the ADP board of directors no later than beginning at the ADP shareholders' general meeting that will vote on the 2013 financial accounts.
VINCI will propose to ADP, within the context of existing agreements, to enter into discussions to share their respective expertises, particularly in the area of international development.
VINCI is a global player in concessions, construction and energy businesses, employing more than 217,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.