UPDATE 2-French state's strategic fund buys Valeo stake

Newswire

* Fund and CDC have 8.33 pct stake * Stake bought in market (Adds comment, details) PARIS, Feb 25 (Reuters) - France's strategic investment fund (FSI) said on Wednesday it has taken a stake in automotive supplier Valeo , taking its joint holding with its controlling shareholder Caisse des Depots to 8.33 percent. State-controlled bank Caisse des Depots already owned 5.99 percent of Valeo. FSI, set up last year by President Nicolas Sarkozy, said in a statement that Valeo's sector ...

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