May 23, 2013 4:38 PM ET

Commercial Banks

Company Overview of Caisse des dépôts et consignations

Company Overview

Caisse des dépôts et consignations, a state-owned group, invests in development projects that serve general interest and the economic development of France. It collects and manages regulated and tax-exempt savings funds, such as Livret A government-backed savings scheme; grants loans for social housing and urban renewal, and other funding against savings funds; and invests in financial markets, as well as in projects to support the development policies launched by local authorities and public sector actors. The company also invests in SMEs to consolidate their equity capital, promote innovation, and support the investment capital market, as well as grants loans to SMEs; supports business sta...

Detailed Description

56, rue de Lille

Paris,  75356

France

Founded in 1816

77,425 Employees

Phone:

33 1 58 50 00 00

www.caissedesdepots.fr

Key Executives for Caisse des dépôts et consignations

Chairman and Chief Executive Officer
Age: 57
Head of Advanced Technologies
Group Finance Director and Member of Executive Committee
Age: 49
Chairman of Société Forestière and Chief Executive Officer of Société Forestière
Age: 54
Chairman of CDC Biodiversité and Chief Executive Officer of CDC Biodiversité
Age: 60
Compensation as of Fiscal Year 2012.

Caisse des dépôts et consignations Key Developments

GDF Suez May Reportedly Sell GRTgaz

GDF Suez S.A. may reportedly sell a stake in GRTgaz SA to reduce debt, an industry source and several bankers said. GDF Suez has not appointed any financial advisors on any sale of the business, which is worth between €8.5 billion and €10 billion, the source and the bankers added. "From a financial point of view, a sale of GRTgaz would really be pertinent. The time is right for GDF and they could move quickly," said the industry source and Infrastructure and utilities bankers added that a decision on a sale may come as early as in the year 2013. But the process will be complex and time consuming, given that a sale of GRTgaz would require government support and a change of law if a private buyer were to be involved. Also, another possibility is that, instead of selling a further stake in GRTgaz, GDF Suez sells part of its stake in SA GAZ RESEAU DISTRIBUTION FRANCE. Utilities banker added that without changing the law, the only way to bring foreign investors into GRTgaz would be through a consortium in which Caisse des Dépôts et Consignations (CDC) and other French-rooted public investors retain a majority stake. The potential buyers can include AXA Private Equity, Fluxys, Snam and Enagas. GDF Suez and GRTgaz both declined to comment to Reuters.

Board Reportedly Approved Veolia Environnement To Sell Stake In Veolia Transdev

The Board of Veolia Environnement S.A. has approved to sell 10% stake in Veolia Transdev SA to Caisse des Dépôts et Consignations (CDC), Les Echos newspaper reported. Veolia Environnement stake will reduce from 50% to 40% and CDC stake will increase to 60% after the deal. Veolia and CDC declined to comment on the Board meeting, Reuters News reported. BNP Paribas is advising Veolia Environnement in the negotiations with Caisse des Dépôts for the control of Veolia Transdev.

CDC Reportedly Close To Raise Stake In Veolia Transdev

Caisse des Dépôts et Consignations (CDC) is reportedly close to mark a deal with Veolia Environnement S.A. for taking control of Veolia Transdev SA, two newspapers reported. Les Echos has reported that CDC last week offered to raise its stake in Veolia Trandev to 60% from 50%, while Le Figaro, reported that CDC and Veolia had reached an agreement.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
November 15, 2012
Follow The Sun SAS
Merger/Acquisition
September 25, 2012
6,897 m2 of Office Space in the French City of Lyon
Private Placement
June 8, 2012
Sematra
 

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