Suez Canal Company
The Universal Suez Ship Canal Company (French: Compagnie universelle du canal maritime de Suez, or simply Compagnie de Suez for short) was the Egyptian corporation which was formed by Ferdinand de Lesseps during 1858, constructed the Suez Canal between 1859 and 1869, and owned and operated it for many years thereafter. Initially, French private investors were the majority of the shareholders, with Egypt also having a significant stake.
The company remains extant, after a series of mergers, as GDF Suez.
Read more about Suez Canal Company: General Aspects, Disputes, Presidents of The Suez Canal Company (1855-1956), Administrator of The Suez Canal Company
Famous quotes containing the words canal and/or company:
“My impression about the Panama Canal is that the great revolution it is going to introduce in the trade of the world is in the trade between the east and the west coast of the United States.”
—William Howard Taft (18571930)
“The Bermudas are said to have been discovered by a Spanish ship of that name which was wrecked on them.... Yet at the very first planting of them with some sixty persons, in 1612, the first governor, the same year, built and laid the foundation of eight or nine forts. To be ready, one would say, to entertain the first ships company that should be next shipwrecked on to them.”
—Henry David Thoreau (18171862)