Le Maire Vows to Protect Big French Companies From Predators

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Finance Minister Bruno Le Maire vowed to protect big French companies in strategic industries from hostile takeovers, saying the government welcomes “investment, not predators.”

“We have tools that allow us to fight against predators who would want to buy a series of large French companies on the cheap,” Le Maire said Sunday at the Rencontres Economiques conference in Aix-en-Provence, France. “We won’t stand idle, and we’ll use the necessary tools to protect the economic and strategic interests of our country.”