"Having French investors who are experienced wine makers would gain us attention and more credibility," he said.
French investors, who have been asked to participate in several capital-raising exercises during the last few months, remained watchful.
They arranged financing from French investors, companies and banks.
Further development was carried out by a consortium led by French investors.
The capital for the deal comes from the French institutional investors, the filing said without identifying them.
During construction, the line was sold to two French investors in 1874.
French investors have rushed to buy stock in companies that have been denationalized.
French investors have put up half the money, with Italians and Germans providing the balance.
The proposed sale of new shares raised a hue and cry among small French investors.
The company has raised millions of dollars for the marketing of its site, in part from a group of French investors.