Caisse des Depots will take 26% of La Poste
The record is coming to an end. For over a year and a half, is expected to be recapitalized Post 2.7 billion euros, 1.5 billion provided by the Deposit, the remainder by the state. Mid-September at a meeting on the ultimate value of the public company between the Economy Minister, Christine Lagarde, and the Director General of CDC, Augustin de Romanet, the views had converged on a 3 billion euros.
It remained to define the modalities for an additional price, if performance of the Post Office are in compliance with expectations. It's done: a clause providing for additional payment to the State CDC is part of the agreement.
After this operation – presented to European authorities within a fortnight – the Fund will become shareholders of the public company at 26%, indicating a close case.It will have three directors around the table, a veto over major decisions (not the current management) and will be associated with strategic choices.