The departments in the île de france will soon be shareholders in the Group ADP (Aéroports de Paris) ? It is, in any case, the proposal made by Patrick Devedjian (LR), president of the Hauts-de-Seine, in the name of the seven communities (all departments outside Paris), and sent to the government. This proposal comes at a time when the text, contained in the law COVENANT, which would allow this privatization comes in second reading in the Assembly this week. The project had been rejected by the Senate on the 6th of February last.
If the government announced the continuation of the project of the privatisation of ADP, the terms of the sale of the 50.6 per cent of the units of the State have for the time being not yet been set. Three solutions are possible: a sale to a single actor, a sale to players diversified or a sale of a part only of the actions of the State.
The departments of Ile-de-France, ready to become shareholders of the ADP Group
An entry of the seven departments of Ile-de-France the capital of the manager of the paris airports (ADP) in the assumption that privatization would be a matter of”general interest,” said Tuesday to AFP the president of the Hauts-de-Seine, Patrick Devedjian. The recent entry in the capital of the State of the netherlands Air France-KLM group is “of a nature to strengthen our proposal,” ruled Mr Devedjian. But this “will depend mostly on the attitude of the State: if the State decides to sell a block of 51%, there is not”, he concluded.
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If the privatization was made possible, departments are pondering the acquisition of a “blocking minority,” said Mr Devedjian. According to les Echos, the communities are planning to acquire 29.9% of the capital of ADP to the side of the company Ardian. “It is the compromise that we have at the moment, but it is not formalised,” said Mr Devedjian. In this scenario, the State would retain an ownership interest in the capital of the leader of the design, construction and operation of airports. The participation would cost approximately six billion euros: the departments would invest a portion of this amount and the rest would be borrowed, by a structure external to the departments, says one in the entourage of the presidents of the Yvelines and the Hauts-de-Seine.
The departments of Seine-Saint-Denis and Val-de-Marne, in contrast, have not confirmed this information. “The goal for the moment is that the government abandons the project of privatization. If the government stubbornly insists on privatization, we will continue the thoughts in order that ADP keeps a shareholding majority of the public,” said the entourage of the president of PCF in the Val-de-Marne Christian Favier. “Let’s not put the cart before the horse, you can’t endorse the project of privatization”, has also reacted Stéphane Troussel, president PS of Seine-Saint-Denis, speaking of the “privatization absurd economically, strategically and territorially”.
The Mayor rejects the “conspiracy theory”
on Tuesday, the first fighting between the government and the opposition have taken place. In new reading in the Assembly on the draft of the law Covenant: the Economy minister Bruno Le Maire, was rejected Tuesday in the commission “conspiracy theory” regarding the future privatisation of ADP, reach according to him, François Ruffin (BIA).
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“How many times Vinci has paid a visit to the president of Macron ? How many times to you today to decide on the privatization of Airports in Paris ?”, launched the mp of the Sum at the start of the debate in a special committee, creating a stir in the room. Vinci, who has been a part of groups that acquired the operation of highways during the privatisation of the years 2000, does not hide his interest in ADP. The movement of the “yellow vests” was “a revolt of the tolls’ increase, according to Mr. Ruffin, who has taken of the arguments advanced in the Senate in first reading in order to reject the privatization proposal. “Today there are strong suspicions about the privatisation of ADP, a-t-he insisted on this key section of the bill.
The Mayor then argued that “the conspiracy theory has no place in debates”, and that “innuendo” is not acceptable. “The role of the State is not to manage dividends in the commercial enterprises”, has he supported. Gold 74% of the result of ADP comes from commercial activities (hotels, shops, international development)”. “What is strategic, what are the tracks and the border”, which “will continue to be controlled by the authority’s core duties, the PAF (border police) and customs”. And “in respect of the land, we’ll be getting in full at the end of 70 years”. Therefore “attention to the words misleading” intended to “induce fear”, he estimated.
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