Bpifrance Financement S.A. (90%) (ex-OSEO S.A.) Bpifrance Régions (99%) Bpifrance Participations (100%) (ex-Fonds stratégique d'investissement) Bpifrance Investissement (100%) (ex-CDC Entreprises) Orange S.A. (shared with APE as the largest shareholders (23.04%); the rest publicly floats)[4][5] FT1CI (79.2%, the rest owned by another French agency CEA)[6] STMicroelectronics Holding (50%; joint venture with Italian government) STMicroelectronics (27.6% as the largest shareholders; the rest publicly floats) Areva (3.32%)[7] Vallourec (7.10% as largest shareholders)[8] Groupe PSA (12.7%)[9]