Privatization: The French Parliament introduces a competitive biding procedure for the sale of the capital of Aéroports de Paris (PACTE Law)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The privatization of Aéroports de Paris (ADP) will have caused a lot of ink to flow, and is likely to cause further turmoil. The principle has been decided by Article 135 of Law No. 2019-486 of 22 May 2019 on the growth and transformation of enterprises, which soberly states that "the transfer to the private sector of the majority of the capital of the Aéroports de Paris company is authorised" (a provision that modifies Article 191 of Law No. 2015-990 of 6 August 2015 on growth, activity and equal economic opportunities, a provision that itself amended the Ordinance of 20 August 2014 on governance and operations on the capital of companies with public