The fund for protection against "undesirable" investors is created to France

The Ministry of Finance of the country believes that the technological companies can fall prey for foreign investors Ministry of Economics and finance of French republic created fund on 150 million euros for protection of local startups from absorption the foreign companies. The fund will give companies money if the "undesirable" foreign investor becomes interested in it, writes Internet edition "VC.ru" with reference to information agency "Bloomberg". Technological startups which have problems against crisis, can fall prey for the foreign companies, explains the edition. The government can increase the fund size to 500 million euros at the beginning of 2021, approves information agency "Bloomberg". New tool...