Friday 30 November 2012

CDC and Qatar Holding to invest in small French businesses | Reuters

French state-owned bank Caisse des Depots and Qatar's sovereign fund Qatar Holding LLC said on Friday they signed a memorandum of understanding (MOU) to co-invest in small and medium businesses in France.

The partnership will have capital of 300 million euros ($389 million) and invest in companies "engaged in sectors with high growth potential and where both Qatar Holding LLC and Caisse des Depots have common interests," the joint statement said.

Qatar Holding has been one of the most world's most active investors.

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