Willkie Advises on Privatization of Nice’s Airport

August 26, 2016

Willkie’s client, the winning bidding consortium, is slated to acquire France’s 60% interest in the company that controls the airports in the French Riviera. 

Willkie recently advised the Azzurra consortium (consisting of the Atlantia Group, EDF Invest and Aeoporti di Roma) on the bid for the privatization of Nice’s airport. On July 28, the consortium was deemed the best bidder in the process that will result notably in the sale of the French state’s 60% interest in the company that controls three airports on the French Riviera (Nice – the largest French Airport after Paris – as well as Cannes-Mandelieu and Saint Tropez). The firm advised the bidders on the preparation of the proposal submitted to the State and is accompanying the consortium in the acquisition, financing and regulatory process toward completion of the transaction.

The Willkie team was led by partners Thierry Laloum and Amir Jahanguiri and included partner David Tayar; national partner Gabriel Flandin; special European counsel Philippe Grudé; counsel Leonardo Fedrini; and associates Anne-Laure Barel, Perrine Saunier, Gabrielle Reddé, Antoine Bouzanquet, Laure Pistre, Marion Bellemin, Louis Jambu Merlin, Mathilde Ayel, Guillaume Melot, Luca Leonardi and Massimo Palombi.