{
}
Bpifrance has acquired a 2% stake in Opella, a Sanofi subsidiary, for between 100 and 150 million euros, aiming to maintain influence despite lacking blocking power on the Board of Directors. The French government has secured guarantees for the preservation of production sites and R&D in France amid concerns over nationalization proposals. Bpifrance"s CEO argues against nationalization, warning it could lead to broader implications for the French chemical industry.
The French government has secured strong guarantees in the sale of a 50% stake in Opella, producer of Doliprane, to American investment fund CD & R, which aims to enhance growth. The agreement includes a €70 million investment in France, job protection, and penalties for production stoppages. Sanofi retains a 48% stake, ensuring continued involvement in Opella's operations.
The French government has reached a tripartite agreement with Sanofi and the American investment fund CD&R for the sale of the Opella subsidiary, which markets Doliprane. The deal includes strong guarantees for maintaining production in France, with a commitment to produce 250 million boxes annually and significant penalties for non-compliance. CD&R will invest €70 million over five years, while the French state will hold a minority stake through Bpifrance to ensure governance and adherence to the agreed conditions.
Nicolas Dufourcq
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Bpifrance acquires stake in Opella amid concerns over nationalization and influence
14:47 21.10.2024
French government secures guarantees in sale of Doliprane to US fund
Euro
Rexel S.A.
SPIE SA
Seqens
Sanofi
CD & R
USA
CHN
FRA
Marc Ferracci
Nicolas Dufourcq
Paul Hudson
Antoine Armand
Show more
11:05 21.10.2024
French government secures stake in Sanofi subsidiary for Doliprane production guarantees
Euro
CD&R Blossom Holdings LP
Sanofi
FRA
USA
Marc Ferracci
Antoine Armand
Nicolas Dufourcq
Laurent Saint-Martin
Show more
20:43 20.10.2024
Trending
Subcategory
Industry Trends
Corporate News
Supply Chain Management
Startups & Entrepreneurship
Global Trade Developments
Government Economic Policies
Industry Mergers & Acquisitions
Retail and Consumer Goods
Financial Scams and Security
Workplace Trends
Venture Capital Investments
Finance Mergers & Acquisitions
Cryptocurrency Trends
Funding Rounds & Investments
Fintech Startups
Emerging Startups
CEO Changes
Market Analysis and Predictions
Consumer Protection Regulations
Corporate Social Responsibility
Countries:
Companies:
Apple Inc.
Google Inc.
NVIDIA Corporation
Delhivery Limited
Ecom Express Ltd.
Alphabet Inc.
OpenAI ERC USD
Ciscom Corp.
ERICSSON - CLASS B
Physicswallah Ltd.
Learning Resources Inc.
MGA Entertainment Inc.
Snap Inc.
Tiktok USD
Semiconductor Manufacturing International Corporation
Hua Hong Semiconductor Ltd.
Spotify Technology S.A.
Dropbox, Inc.
Vimeo, Inc.
Adobe Inc.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Vietnamese Đồng
New Taiwan Dollar
United Arab Emirates Dirham
Russian Ruble
South Korean Won
Pakistani Rupee
Algerian Dinar
Australian Dollar
Thai Baht
Japanese Yen
Saudi Riyal
People: