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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 |
By Pietro Lombardi
Credit Agricole SA has sold its remaining stake of 4% in Banque Saudi Fransi for around 332 million euros ($386.2 million).
The French bank said Monday that the deal, for which all regulatory approvals have been granted, will boost its core tier 1 ratio by 5 basis points.
The 4% stake was acquired by two institutional investors related to the Saudi government.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com; @pietrolombard10
(END) Dow Jones Newswires
September 28, 2020 08:58 ET (12:58 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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