Independent journal on economy and transport policy
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Fonds Stratégique d' Investissement becomes shareholder of CMA CGM
Green light to the investment of 150 million dollars
June 28, 2013
As a result of the agreement which signed last February and of the authorization to the operation granted yesterday from the EU commission ( on 12 February and 27 june 2013), the shipowning group CMA CGM and the active trust Fonds Stratégique d' Investissement (FSI) have announced to have given in agreement keep on the protocol based on which FSI has invested 150 million dollars in order to acquire repayable obligations in actions of CMA CGM.
FSI, that it is meeting in the new public bank of Bpifrance investment, will be represented in the board of directors of the shipowning group by Denis Ranque, chief executive officer of EADS and former managing director of Thalès. Moreover Thomas Devedjian, councilman and member of the executive committee of FSI, will be member without right to vote of the board of directors.
FSI has emphasized as "this investment is found to the heart of the mission of Bpifrance, that it is that to accompany the companies leaders of their field who participate to the strengthening of the competitiveness and the infuence of the French economy". "We are very pleased - the general manager of CMA CGM, Rodolphe Saadé has declared - to welcome to FSI as shareholder and partner in the continuous development of our group".
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As a result of the agreement which signed last February and of the authorization to the operation granted yesterday from the EU commission 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
