Groupe BPCE, a major player in the successful IPO of FDJ

Monday, 25 november 2019

Natixis, together with the Banque Populaire banks and Caisses d’Epargne, led the operation in its capacity as global coordinator, playing a specific role in the retail segment.

This operation, worth nearly €1.7 billion, is the largest initial public offering organized this decade in France and the first privatization in nearly 15 years. It has attracted very strong demand from institutional investors and marks a return of interest in popular shareholding with the participation of more than 500,000 individual investors for whom nearly 40% of the transaction has been reserved.