French Parliament adopted legislation to reduce EDF’s control over the hydropower market. The reform aims to resolve tensions with EU regulators and enable significant investment in new power generation capacity across France.
France’s DGSI intelligence agency is replacing US-based Palantir Technologies’ data tools with a French alternative from Chapsvision as part of broader European efforts to reduce dependence on US technology firms.
The French bank Rothschild has acquired the family office division of Hamburg-based private bank Marcard, Stein & Co from M.M. Warburg & Co. This acquisition marks Rothschild’s first acquisition of a German banking license. Approximately 80 employees will transfer to the new owner.
Article speculates on IPO candidates for a historic year of public offerings, highlighting Bending Spoons (Italy), KNDS (Franco-German defense), Belron, and Zepto (India) as companies in contention for listing, with Anthropic and OpenAI well-positioned following SpaceX’s market activity
French AI startup Mistral AI is in discussions to raise €3 billion ($3.5 billion) at a valuation of approximately €20 billion, as it seeks funding to compete in the capital-intensive AI market against US and Chinese competitors.
Klima, an Alantra-backed investment manager, is led by Lucille Bonnet and Bastien Gambini with a team of 10 professionals based across Madrid, Paris, Bonn, and London. The firm manages a 210 million euro fund focused on energy transition investments and is preparing to launch a second fund.
Executives from Franklin Templeton and BNP Paribas believe that tokenized assets and stablecoins could enhance capital efficiency in Europe as Wall Street continues to expand tokenization initiatives
Jefferies issued a cautionary report on Soitec, a European technology company that had surged during the recent AI rally, warning of bubble risk. The stock experienced a significant decline following the report release.
Billionaire Patrick Drahi has agreed to sell French mobile carrier SFR to a consortium of rival telecommunications firms for €20.4 billion, a deal that will test regulators’ tolerance for consolidation in the French telecom market.
A group of high-profile private credit firms led by Arcmont and Ares have provided a €1.1 billion loan to French business software firm Cegid, demonstrating confidence in the software sector despite recent AI-induced market volatility.