Privatizing Française des Jeux - Claire Vernet-Garnier (IPO Stories, Ep. 7)

Française des Jeux, coming out of state ownership, was one of the largest and most successful IPOs over the last 5 years, raising $2bn for the French state and helping revive retail interest in IPOs. With Claire Vernet-Garnier, who was Head of the Finance Division at the French Government Shareholding Agency (APE) at the time, we go through the important choices around this successful IPO, and the characteristics of the government as a long-term shareholder in public markets.

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Disclaimer: this discussion is not financial advice, nor an investment recommendation, nor a solicitation to buy or sell any financial instruments, or an offer for financial services or any other transaction. The information contained in the recording have no contractual value and are destined for an informational purpose only. Amundsen Investment Management and the participants on this podcast may have holdings in the companies being discussed.