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The state wants to protect the French flagships from foreign appetites

2021-10-26T18:07:38.606Z


The investment doctrine of the APE could evolve in order to guarantee the tricolor anchoring of these groups.


No question of letting down the French groups in difficulty or threatened to come under foreign control.

In 2017, the State, decided to remain a shareholder in groups linked to national sovereignty, national defense, civilian nuclear power and large public services (SNCF, La Poste, RATP), had chosen to reduce its share in companies commercial.

The State Participation Agency (APE) has since partially withdrawn from Safran, PSA, Renault, Engie and FDJ, even though the privatization of ADP has been abandoned.

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But the pandemic has reshuffled the cards, and the EPA will continue to focus on commercial companies.

"There are still companies that have been hit for a long time by the crisis, especially in air transport"

, underlines Martin Vial, the managing director of the APE since 2018. ADP and Air France will only return to their level of activity of 2019

"in a certa

in

number of years,

he said.

We will play our role as a long-term support shareholder ”.

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Source: lefigaro

All business articles on 2021-10-26

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