M/19/033 – CDC / La Poste
Transaction details
The proposed acquisition by Caisse des Dépôts et Consignations of sole control of La Poste S.A, and subsequently, indirect control of CNP Assurances has been cleared by the CCPC.
| Notification date | Decision date |
|---|---|
| Friday November 8, 2019 | Wednesday, December 18, 2019 |
| Parties Involved | Business activities |
|---|---|
| Caisse des Dépôts et Consignations | Caisse des Dépôts et Consignations ('CDC') is a French public sector financial institution serving the public interest and France's economic development. It is a long term investor and has a special legal status under French law. CDC controls either directly or indirectly a number of entities active in the state. |
| La Poste S.A | La Poste is the parent company of the La Poste Group. The La Poste Group is a postal service operator founded in 1879. It is currently jointly controlled by the French state and CDC. La Poste controls either directly or indirectly a number of entities active in the state. |
| CNP Assurances | CNP Assurances is a large French insurance corporation which develops, provides, and administers a variety of insurance products worldwide. |
| Economic sector | Media merger |
|---|---|
| Postal, Banking, Insurance | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, November 25, 2019 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Barry O'Donnell | Email: barryodonnell@ccpc.ie |
Media enquiries: communications@ccpc.ie
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