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France creates a €150M fund to protect home-grown tech startups from takeovers by foreign buyers, may increase it to €500M from early next year (Helene Fouquet/Bloomberg)

Helene Fouquet / Bloomberg:
France creates a €150M fund to protect home-grown tech startups from takeovers by foreign buyers, may increase it to €500M from early next year  —  - Finance Ministry sets aside up to 500 million euros for fund  — Distressed tech firms may become ‘prey’ for foreign bidders



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