BNP-Paribas buys 1% of Credit Lyonnais
Article Abstract:
BNP-Paribas S.A. has acquired a minority share in Credit Lyonnais, another French-based bank. BNP acquired 1% of Credit Lyonnais for reasons that were not strategic.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
French regulator sets next meeting on Lyonnais deal
Article Abstract:
The proposed merger between Credit Agricole S.A. and Credit Lyonnais S.A. will be considered at a meeting of France's main banking regulator. The proposed merger is valued at 19.5 billion euros. The ruling is become more contentious than previously thought.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Two French banks strike deal; Societe Generale buys stake in rival
Article Abstract:
Societe Generale S.A. has acquired a 3.8% stake in Credit Lyonnais S.A. in a transaction that both sides described as friendly. Societe Generale paid roughly 450 million euro to buy the stake in Credit Lyonnais from US hedge fund manager Tiger Management LLC in an off market transaction. Societe Generale said it hoped to develop partnerships with the recently privative Credit Lyonnais. The move is the latest wave of transactions in French banking following the advent in Europe's common currency.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: European stocks edge up on news of Novartis deal (Norvatis buys 20% stake in Roche). Roche's $1 billion bond helps market elude lull
- Abstracts: Deutsche Bank is in discussions to take stake in Russian bank. Allianz will hang on to Dresdner Kleinwort
- Abstracts: Long-dormant Korean banking shares could key second-half market rally. Global turmoil may signal stock rally
- Abstracts: Nestle's full-year profit rose, but suffered in Latin America. Nestle outperforms rivals, boosts sales 2.1%
- Abstracts: AOL to double its ad spending and puts account up for review. EarthLink says net loss widened in 3rd quarter