The Savoie regional council has decided to sell part of its stake in S3V, the Courchevel lift company. It is hoping to fund development of smaller resorts and Summer tourism in the region by raising 23m Euros from the sale of 22.4% of its share and a further 31m Euros from land earmarked for Hotel development....
This would leave it with a controlling interest in S3V of 51%.
Regional Banks are expected to be most likely to take on the investment although I can't help wondering whether there might be a little interest from further East given the prestige attached this particular location
Piste Hors' full report.