France

France

Government privatizes entirely Arianespace

15 Jun 2015

On 15 June 2015 a contract was signed between the French state-owned company, "Centre national d'études spatiales" (CNES) and the joint enterprise Airbus Safran Launchers (ASL) for the sale of CNES's entire 34,68% stake in the space satellite launcher company Arianespace. With this sale Arianaspace will become entirely privately owned.

Nature of measure:
  • Liberalization
Type:
  • Entry and establishment (Ownership and control)
Industry:
  • Services (Telecommunications, Scientific research and development, Other service activities)
Inward FDI:
No
Outward FDI:
No
Sources: