
Agence des participations de l'État
Agency of the French government managing the state's holdings in about 70 firms

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