UPDATE 1-At least six bids for Lyon airport, three for Nice - sources

Thu May 12, 2016 1:30pm EDT
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(Adds two bidders for Lyon)

PARIS May 12 (Reuters) - At least six offers have been submitted for France's 60 percent stake in Lyon-Saint-Exupery airport along with three bids for a similar stake in Nice Cote d'Azur airport, sources close to the matter told Reuters.

France kicked off the privatisation of both airports in March as part of plans to raise cash to help meet budget deficit targets. There will be a second round of bids ahead of a July 4 deadline to firm up the indicative offers selected.

Bidders are hoping to get a share of the growing returns from increased air traffic.

A consortium of French investment fund Meridiam and Spanish infrastructure firm Ferrovial bid for both airports as did a group made up of French construction company Vinci , insurer Predica and state-owned Caisse des Depots, the sources said.

French buyout group Ardian also placed an offer for both airports. It may link up with investment fund Siparex and Caisses d'Epargne regionale for the Lyon airport.

Investment fund Cube Infrastructure together with Geneva airport also made an offer for Lyon, the sources said.

Turkish firm Limak Yatirim as well as Australian group Macquarie also bid for Lyon, other sources told Reuters.

Macquarie however did not bid for Nice, one of the sources said.   Continued...