Politics
Eurazeo: BNP Paribas, China Investment Corporation (“CIC”) and Eurazeo are pleased to announce the launch of the France-China Cooperation Fund
June 2, 2020
BNP Paribas, China Investment Corporation (“CIC”) and Eurazeo are pleased to announces the launch of the France-China Cooperation Fund with the first closure for € 400m. The Fund will be managed by Eurazeo.
The Fund is set up in accordance with plans previously announced in 2019, including a memorandum of understanding and a subsequent letter of intent signed in the presence of Presidents Xi Jinping and Emmanuel Macron. The Fund has now closed for the first time amount of € 400 million, fully subscribed by BNP Paribas Group, CIC and Eurazeo.
The Fund will seek to invest in mainland French and European companies aimed at opening new growth paths in China.
Target companies are expected to be located in sectors with significant opportunities in China and where Eurazeo has a solid and established track record, including advanced industries, business services, consumer goods and services, healthcare and digital technology. The Fund is actively looking for new investment opportunities in addition to the Eurazeo acquisition on the intermediate market strategies, Eurazeo Capital and Eurazeo PME.
The partnership will be based solely on the expertise of CIC, BNP Paribas and Eurazeo, namely:
-
• CIC’s support to fund companies to facilitate their entry into the marketo and development in China;
-
• BNP Paribas’ deep expertise, local presence and vast networks of contacts
In France and in Europe;
-
• Eurazeo’s expertise in private equity and its recognized capacity to develop its activities internationally, notably through its local presence in China since 2013.
Initial partners can commit up to an additional 250 million euros into the fund, up to 25% the Fund for BNP Paribas and CIC. Additional capital can also be raised from third parties.
Press contacts
BNP Paribas
Sandrine Romano – [email protected] – +33 (0) 6 71 18 23 05
CIC
Yan Wang – [email protected] – +86 (10) 8409 6277
Eurazeo
Havas Paris – Maël Evin – [email protected] – +33 (0) 6 44 12 14 91
BNPP classification: Internal
Warning
Eurazeo SA posted this to 02 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unchanged, on 02 Jun 2020 21:45:06 UTC
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
picture credit
to request, modification Contact us at Here or [email protected]
 |
 |
 |
