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France builds stake in Valeo in bid to neutralize activist fund

AutoNews.com
France has raised its stake in supplier Valeo to just above 7 percent through state bank Bpifrance, as it looks to protect leading companies from activist shareholders.
Source: http://feedproxy.google.com/~r/autonews/EuropeNews/~3/FGLU0gdDafo/france-builds-stake-valeo-bid-neutralize-activist-fund
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