How France's 100 billion national development bank is helping the French economy to thrive and redefining state-backed capitalism
Briefly

"More than a decade after it was created under then-President François Hollande and his economic adviser - one Emmanuel Macron - Bpifrance exemplifies 21st-century French capitalism: Entrepreneurs build businesses with cash, nudges and nurturing from the state, which in turn wants them to create jobs at home and develop innovative technologies."
"Its role currently in the midst of two high-profile leveraged buyouts places it yet again at the heart of French corporate transactions. No other European country has an agency quite like Bpifrance: a for-profit, state-owned merchant bank with a mandate to foster national champions."
Read at Fortune Europe
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