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Organization
Agence des participations de l'État
agency of the French government managing the state's holdings in about 70 firms
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Organization
agency of the French government managing the state's holdings in about 70 firms
Free account · your comment posts right after signup
Agence des participations de l'État, 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.