Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Not changing your main point, I note that state companies can have 'private' subsidiaries in other countries, too. For example, SNCF had its hands in German private railways (tough this example is now history IIRC).

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Wed Jan 18th, 2006 at 04:06:59 PM EST
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