Groupe Caisse D’Epargne Strengthens Its Operational Links With Maisons France Confort

The agreements, which aim to strengthen the operational links between the two groups are made up of several components: – a minority stake in the company GCE Foncier co-invest (51% owned by Caisse Nationale des Caisses d’Epargne et to 49% by Crdit Foncier), up to 49% in MFC PI – a shareholders agreement which will include the Groupe Caisse d’Epargne to be represented on the Strategic Committee of PI and MFC of be involved in major decisions of the group homes France Comfort – a memorandum of agreement under non-exclusive, to strengthen industry partnerships between the two groups. The implementation of all of these agreements remains subject to the approval of the authorities responsible for competition and mergers and to confirmation by the AMF that no matter the filing of a proposed public offering. At the end ofproposed transactions, family Vandromme GCE Foncier co-invest and hold 51% and 49% of MFC PI, the shareholding structure of listed MFC remaining unchanged. The agreements signed between the two groups, which complement the range of business property developed by Groupe Caisse d’Epargne and its pole side, should serve to provide revenue synergies. They concern such as increasing funding activities, bonding and guarantees, and sales of houses, but also the development of new projects regarding, for example, diagnosis and labeling, or urban planning. About the author: Comfort Homes France Patrick Vandromme Tel.: +33 2 33 80 66 60 Email: