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France's FSP fund declares 4% stake in car parts company Valeo

Logo of Valeo is seen at VivaTech fair in Paris
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PARIS (Reuters) - French mutual fund Fonds Strategique de Participations (FSP), which has built a stake of 4% in French car equipment maker Valeo , and will get a seat on its board of directors, FSP said on Wednesday."This investment was progressively built since 2019", FSP said in a statement.It did not give further details. The coronavirus crisis has hit auto firms and their suppliers hard, as..
Date Published: Mar 25, 2020
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