Common

Agence des participations de l'État

Agency of the French government managing the state's holdings in about 70 firms

Agence des participations de l'État

Common card · No. 354838

Agence des participations de l'État (French pronunciation: [aʒɑ̃s de paʁtisipasjɔ̃ də leta], APE, lit. 'State Participations Agency'), created in 2004 under the government of Jean-Pierre Raffarin, is the French agency responsible for managing the State's shareholdings in companies of strategic importance. As of 2022, APE has €732.514 billion worth of assets under management, which includes investments in companies involved in energy, industry, defence, transport, communication and finance, among others.

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