This authorisation is part of the creation of a major public financial body serving the French regions, around Groupe La Poste and Caisse des Dépôts.
Given the presence of Caisse des Dépôts and Groupe La Poste in many economic sectors, the Authority's analysis covered a large number of markets: banking, insurance, real estate, document and data processing, internet access and health. In particular, the Authority examined the consequences of combining banking and insurance activities within the same group. It found that the parties' respective market shares in all these sectors remained moderate and that other powerful players* were also active in these sectors.
- La Poste will be majority owned by Caisse des Dépôts (66%) and 34% by the French State ;
- La Banque Postale will become the majority shareholder (62.1%) of CNP Assurances.
* Such as Crédit Agricole, Crédit Mutuel, BNP Paribas and BPCE.