Compagnie universelle du canal maritime de Suez
Encyclopedia : C : CO : COM : Compagnie universelle du canal maritime de Suez
The Compagnie universelle du canal maritime de Suez (Universal Suez Ship Canal Company) was the French corporation which constructed the Suez Canal between 1859 and 1869. France was the majority shareholder, with Egypt also holding a significant stake until financial crisis forced Isma'il Pasha to sell his shares to the British government. Formed by Ferdinand de Lesseps in 1858, the company operated the canal until its nationalization by Nasser in 1956, which led to the Suez Crisis.
The company remains in business, following a series of mergers, as SUEZ, an industrial conglomerate.
External link
From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.
