France Inc. Bristles Over Law Giving Votes to Select Few

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The government’s determination to force compliance with its “Florange Law” -- promising extra voting power to those owning stocks for more than two years -- became apparent last week when it increased its stake in Renault SA to scupper the carmaker’s attempt to avoid making the change.

Photographer: Simon Dawson/Bloomberg

Billionaire Vincent Bollore and France’s Socialist government aren’t obvious bedfellows, yet the two have found common cause in trying to secure double-voting rights for long-term French investors.

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