Dufourcq said that the "Lac1" fund will instead likely raise between 5 billion and 6 billion euros ($5.86-$7.03 billion).
($1 = 0.8537 euros)
(Reporting by Gwenaelle Barzic; Writing by Matthieu Protard; Editing by Louise Heavens)
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5-day change | 1st Jan Change | ||
37.78 EUR | +0.35% | +1.50% | -16.49% |
May. 09 | Funds move on Mib and Mid stocks. | AN |
May. 09 | Mib bearish; focus on quarterly reports and BoE | AN |
PARIS (Reuters) - French state-owned bank Bpifrance is unlikely to reach its target of raising 10 billion euros ($11.71 billion) for its "Lac1" fund to support major French listed companies, its CEO Nicolas Dufourcq said on Tuesday.
Dufourcq said that the "Lac1" fund will instead likely raise between 5 billion and 6 billion euros ($5.86-$7.03 billion).
($1 = 0.8537 euros)
(Reporting by Gwenaelle Barzic; Writing by Matthieu Protard; Editing by Louise Heavens)
1st Jan change | Capi. | |
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-16.49% | 36.5B | |
+82.54% | 2,212B | |
+38.11% | 641B | |
+19.82% | 618B | |
+2.14% | 246B | |
+27.37% | 203B | |
+10.18% | 170B | |
+44.13% | 134B | |
+56.01% | 112B | |
+4.95% | 103B |