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Vinci Airport, Aéroports de Lyon merger wins conditional French approval

( November 2, 2016, 14:23 GMT | Official Statement) -- MLex Summary: The French competition authority has conditionally cleared plans by Vinci Airport to acquire Aéroports de Lyon. Vinci Airport is a subsidiary of Vinci Construction group. The authority was concerned about the close ties between the construction group and the airport operator. To address the risk that Aéroports de Lyon could favor a Vinci Group unit for construction contracts, Vinci Airports has committed to increase the transparency of its procurement procedures.Statement follows:...

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