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BUSINESSBloomberg Markets·1h ago

French Infrastructure Stocks Weighed Down by Tax-Hike Concern

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French airport and highway operators saw over $2.3 billion in market value lost following government announcements regarding potential tax hikes on transport infrastructure.

More than €2 billion ($2.3 billion) was wiped off the value of French airport and highway operators on Tuesday after the government said it’s considering higher taxes on transport infrastructure.

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