Over the last decade, the French government's equity interest in several large defense companies has been questionably managed, according to a new report by France's auditing arm, the Cour des Comptes, which says the state's shareholder interest in companies such as EADS, Thales and Safran is often at odds with its role representing the French taxpayer. And in a couple of cases, according to the audit, the government has shown itself to be incompetent. For example, following the 2005 merger of aerospace supplier Snecma and defense group Sagem, France retained a 30% voting share in the new company, Safran. Two years later, when the French agency for state holdings, APE, failed to notify France's stock market authority of a breach of the threshold for accumulated shares in the company, the oversight cost the state a substantial portion of its interest in Safran.
展开▼
机译:根据法国审计机构库尔·孔戴斯(Cour des Comptes)的最新报告,在过去十年中,法国政府在几家大型国防公司中的股权受到了可疑的管理,该报告称该国的股东对EADS,Thales和Safran等公司的利益它与代表法国纳税人的角色经常不一致。审计发现,在某些情况下,政府证明自己无能。例如,在2005年航空航天供应商Snecma和国防集团Sagem合并之后,法国在新公司Safran中保留了30%的表决权。两年后,当法国国家持股代理机构APE未能通知法国股票市场当局违反公司累计股份门槛的情况时,该监督使该国在赛峰集团中的很大一部分权益损失了。
展开▼