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ACA Credit Agricole SA

14.77
0.16 (1.10%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Credit Agricole SA EU:ACA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.16 1.10% 14.77 14.75 14.78 15.23 14.76 14.89 8,129,082 16:40:00

Credit Agricole Buys Minority Stake in Worldline

22/01/2024 6:52am

Dow Jones News


Credit Agricole (EU:ACA)
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By Helena Smolak

 

Credit Agricole said it acquired a 7% minority interest in joint-venture partner Worldline in a move aimed at bolstering the French payments company's position as a key European payment services provider.

The French lender said Monday that the transaction is expected to have an impact of less than 10 basis points on its common equity Tier 1 ratio, a key metric to measure a bank's capital against its assets.

The move builds on a partnership agreement announced in July, Credit Agricole said.

 

Write to Helena Smolak at helena.smolak@wsj.com

 

(END) Dow Jones Newswires

January 22, 2024 01:37 ET (06:37 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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