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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Sarkozy says strategic fund to start in coming weeks

Posted on 31 October 2008

From Reuters: France’s strategic fund aimed at protecting domestic industries through the financial markets crisis will be set up in three weeks’ time, President Nicolas Sarkozy said Thursday.

Sarkozy has long championed the need to nurture French industry and a slump in market values has raised concerns in government that some companies might become takeover targets for far-away multinationals….. Full Article: Source


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