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FONDS STRATÉGIQUE DE PARTICIPATIONS ACQUIRES STAKE IN SEB SA

French investment fund  Fonds Stratégique de Participations (FSP) acquired a 5.25% stake in SEB SA in June. This constituted one of FSP’s first investments. This is intended to be a long-term holding and was a friendly transaction, with full support from the company’s Board of Directors and its management. The FSP thereby pledges to support the group’s business model as well as its commitment to accompany the Group in its development, alongside its founding family, whose commitment remains immutable.

In the context of this long-term investment strategy, FSP will be represented by an independent director on SEB SA’s Board of Directors. This appointment will be approved by the Board and then proposed for ratification at the 2014 Annual General Meeting.

 

Read the press release. GroupeSEB_CP2013