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Sovereign Wealth Funds Briefing - Categorized | Investment

French SWF takes a 5% stake in the capital of Nexans

Posted on 09 July 2009

From Welt.de: The Fonds Stratégique d’Investissement (FSI – the French Sovereign Fund) has announced having acquired a shareholding stake in Nexans of 5%, following the acquisition of shares in the market.

The global leader in the cable industry, Nexans posted sales of 6.8 billion euros in 2008 and has a workforce of 23,500 employees in 39 countries, some 3,000 of them in France……..Full Article: Source


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