PARIS (Reuters) - Caisse des dépôts et consignations (CDC) has reached an agreement with Orpea's creditors to take control of the heavily indebted retirement home operator, Libération reported on Tuesday.

The agreement would value Orpea, which has been in turmoil for the past year amid accusations of shortcomings in resident care, at 1.15 billion euros. It would also make Orpea the majority shareholder, with a 50.2% stake, according to the daily, which does not specify where it obtained this information.

Spokesmen for CDC and Orpea, which on Monday requested the suspension of the listing of its shares and all its bonds, both declined to comment on the transaction.

Caisse des Dépôts, which does not yet have a stake in Orpea, made an offer to take over the company earlier this month, but discussions with an investor group led by CDC and creditors holding around 50% of its €3.8 billion unsecured debt collapsed on January 19.

On Monday, Orpea announced the resumption of discussions.

According to Libération, the creditors have agreed to draw a line under 70% of 3.5 billion euros of debt, and the agreement will be officially validated on Wednesday by the CDC.

Any agreement of this magnitude must be approved by CDC's supervisory commission, which is chaired by a member of parliament, said a spokesman for the financial institution.

The commission has not yet met, and the terms of the deal are still under discussion, the CDC spokesman said.

The group's share price fell by around 93% in 2022 after the publication of journalist Victor Castanet's book "Les fossoyeurs", which sparked a debate on practices within private retirement homes in France.

(Reported by Bertrand Boucey and Mathieu Rosemain, with contributions from Silvia Aloisi, French version by Nicolas Delame and Diana Mandiá, edited by Blandine Hénault)