French State to Sells Interest in Peugeot

Skadden is advising the French state, Agence des Participations de l'Etat, in connection with the €1.92 billion sale of its interest in Peugeot S.A., a Euronext Paris-listed car manufacturer, to Bpifrance, a French sovereign fund jointly owned by the state and the Caisse des Dépôts et Consignations.

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