Crédit Agricole to acquire a minority stake in Océinde Communications from ICG.

Crédit Agricole, a financial services company, agreed to acquire a minority stake in Océinde Communications, an optical fibre provider from Intermediate Capital Group, a private equity firm. Financial terms were not disclosed. "We sincerely thank ICG Infra for their support and the fruitful collaboration over the past five years. We are immensely proud of the exceptional service provided by Zeop and the dedicated men and women behind it, whose efforts have significantly impacted the community and economy of Réunion Island. We are delighted to welcome CAA as our new partner and look forward to the exciting growth opportunities ahead," Nassir Goulamaly, Océinde CEO.