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Share Name | Share Symbol | Market | Type |
---|---|---|---|
BNP Paribas | EU:BNP | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.19 | 0.28% | 67.64 | 67.44 | 67.99 | 68.31 | 67.32 | 68.00 | 1,775,234 | 16:40:00 |
By Noemie Bisserbe
PARIS--French bank BNP Paribas SA (BNP.FR) said Wednesday it plans to sell a 7% stake in retail landlord Klepierre (LI.FR) in a private sale to institutional investors.
Simon Property Group Inc. (SPG), which currently owns 18.3% of Klepierre, has placed an order to acquire an additional 2% of the company's shares, BNP Paribas said in a statement.
The French bank said it would keep the 6.5% stake it will still hold in Klepierre after the proposed sale for at least 90 days.
Write to Noemie Bisserbe at noemie.bisserbe@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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