La Caisse buys transport stake

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FRANCE/CANADA - The Caisse de dépôt et placement du Quebec (Caisse) and AXA Private Equity (AXA) have bought a majority stake in French rail and bus transport operator Keolis SA, in a deal worth €300m.

The consortium has committed to invest the money over the next five years, in order to support the growth of the company in France, as well as in the rest of Europe and North America. Following...

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