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February 17, 2011La Poste increases capital by €2.7 billion to prepare for liberalisation
The Board of Directors of La Poste approved an increase in the company’s capital at an Extraordinary General Meeting on February 10. This capital increase, in the amount of €2.7 billion, with €1.5 billion to be subscribed by Caisse des Dépôts and the remaining €1.2 billion to be subscribed by the French state, is designed to help prepare La Poste for the European postal liberalisation as part of their “Ambition 2015” strategic plan. [Press Release]
[The Ambition 2015 Strategic Plan]
