Caisse des Dépôts et Consignations to acquire 50.2% stake in ORPEA for $625m.

Caisse des Dépôts et Consignations, a public lender, agreed to acquire 50.2% stake in ORPEA, a nursing home group, for $625m. “On behalf of the Board of Directors, I salute the outstanding work done by Laurent Guillot and the ORPEA teams to achieve an agreement in principle. The entry to the capital of the company of the Groupment of French investors led by the Caisse des dépôts et consignations is a guarantee of confidence in our business and our professionals. The agreement reached ensures the sustainability of ORPEA and allows the company to implement its Refoundation Plan ORPEA CHANGE!, in the service of the Group’s first mission: to take care of the most fragile,"Guillaume Pepy, ORPEA Chairman of the Board of Directors.