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ECONB Econocom Group SE

1.79
0.016 (0.90%)
05 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Econocom Group SE EU:ECONB Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.016 0.90% 1.79 1.78 1.81 1.804 1.758 1.778 11,478 02:01:13

Societe Generale: In Talks To Sell ECS To Econocom For EUR210 Million

01/07/2010 7:27am

Dow Jones News


Econocom (EU:ECONB)
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French bank Societe Generale SA (GLE.FR) Thursday said it's in talks to sell its ECS Group unit, which specializes in the management of information systems, to Belgium's Econocom Group SA (ECONB.BT) in a deal valued at EUR210 million.

Econocom would finance EUR30 million through a share issue underwritten by Societe Generale, which would own 9% of the Belgian company's share capital.

The finalization of the deal would require the approval of competition authorities, Societe Generale said.

-By Elena Berton, Dow Jones Newswires; +33 (0) 1 40 17 17 65; elena.berton@dowjones.com

 
 
 
 

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