Sole control: The French Competition Authority clears an acquisition in the local authority and trade finance markets (Société de financement local / Caisse des dépôts et consignations)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The decision no. 20-DCC-126 of 18 September 2020 under the terms of which the French Competition Authority authorized the Caisse des dépôts et consignations (CDC) to take exclusive control of Société de financement local (SFIL), a public development bank created following the liquidation of Dexia, which was authorized by the European Commission to carry on until 2027, on the one hand, a refinancing activity for local public sector loans granted by La Banque Postale, itself controlled by CDC, and, on the other hand, an export credit refinancing activity. In this connection, CDC holds jointly with the State the Bpifrance group, to which belong in particular