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Sovereign Wealth Funds Briefing - Categorized | Market

CDC’s role isn’t to rescue Peugeot, Doux, Jouyet tells JDD

Posted on 30 July 2012

The primary role of France’s Caisse des Depots et Consignations, a state-run bank, isn’t to save troubled companies like PSA Peugeot Citroen and Doux SA, new head Jean-Pierre Jouyet told Journal du Dimanche in an interview.
The sovereign wealth Strategic Investment Fund, FSI, will decide what should be done, the newspaper cited Jouyet as saying. The CDC has a role to play in industrial recovery, although it has finite means, he said, according to the interview………………………………………..Full Article: Source


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